Hospital price transparency helps Americans know the cost of a hospital item or service before receiving it. Starting January 1, 2021 , each hospital operating in the United States will be required to provide clear, accessible pricing information online about the items and services they provide in two ways:
This information will make it easier for consumers to shop and compare prices across hospitals and estimate the cost of care before going to the hospital.
CMS audits a sample of hospitals, in addition to investigating complaints that are submitted to CMS, and hospitals may face civil monetary penalties for noncompliance. To learn more about enforcement actions to-date and updates to the enforcement processes, access the Hospital Price Transparency Enforcement Updates Fact Sheet.
The Hospital Price Transparency rule goes into effect on January 1, 2021. Is your organization prepared to be compliant?
Ready to know what the potential cost for care will be? Find out what hospital price transparency could mean for you.
You may submit a complaint to CMS if it appears that a hospital has not posted information online. For all other questions regarding Hospital Price Transparency, email the hospital price transparency team.
