Fierce Healthcare April 13, 2021
Robert King

A controversial price transparency rule that went into effect in January was intended to enable consumers to comparison shop for certain healthcare services.

But a new study from Kaiser Family Foundation discovered that such comparison shopping is difficult among different providers. The study, published Friday, also found that few hospitals are giving out payer-negotiated rates, a key requirement of the rule.

“Among the few hospitals in this analysis that do provide payer-negotiated rates, the markets in which the payer operates is not always clear,” the study said. “And, due to a lack of standardization, comparing process across hospitals is problematic.”

The study found that the data provided by compliant hospitals could allow for comparisons of prices within that facility.

However,...

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Topics: Health System / Hospital, Healthcare System, Patient / Consumer, Pricing / Spending, Provider, Survey / Study, Trends
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