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Hospital Price Transparency: Are You Ready for July 1?

The 2024 Hospital Outpatient Prospective Payment System Final Rule included significant changes to the requirements for hospitals to post standard charges and other pricing information. Hospitals must comply with the most substantive changes by July 1, 2024.

PYA's Martie Ross and Kathy Reep provided guidance to hospitals working to meet this deadline. Specifically, Martie and Kathy addressed these important points:

Website posting requirements

Standardization of machine-readable files

New data elements

Algorithmic rates

Attestations

Looking forward to January 1, 2025, requirements

Responding…

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