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10/5/21

Dear Colleagues,

As reported by Alia Paavola of Becker's, as of late September, CMS has issued warnings to 256 hospitals deemed not in compliance with its price transparency rule.

CMS said that it began sending warning letters to hospitals not in compliance with the regulation in April. The agency told Bloomberg that it had sent about 165 warning letters by mid-July. By the end of September, it warned 100 more hospitals.

Hospitals have 90 days to address the violations before CMS decides whether additional compliance actions are necessary. 

"CMS intends to continue its monitoring and enforcement activities and will issue additional warning letters on a monthly basis," a CMS spokesperson told Bloomberg.

If you want to discuss your hospital's price transparency compliance, feel free to schedule a time to talk on my private calendar.  No charge.

Regards,

Rick Louie
Managing Director
Hospital Pricing Specialists LLC

LinkedIn Profile:  https://www.linkedin.com/in/ricklouie/

Watch video of Shark Tank's Mr. Wonderful endorsing HPS Price Transparency services [Click Here]



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