While price transparency mandates have been in effect since January 1, 2021, initial audits reveal widespread noncompliance among hospitals. A new proposed ruling would significantly increase annual monetary penalties, beginning January 1, 2022, up to $2 million for a 550-bed hospital. Price transparency is here to stay, and hospitals that continue to play this high stakes game will pay BIG.
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A High Stakes Game: Why Price Transparency Noncompliance Costs Millions
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