Hospitals and Price Transparency

DISCLOSURE OF CASH PRICE

SECTION 1.

(a) In this section, “hospital” means a hospital: (1) licensed under Chapter 241; or (2) owned or operated by this state or an agency of this state. (b) A hospital shall disclose the hospital’s cash price for each health care service regularly provided by the hospital. The required disclosure must be made: (1) by posting the prices on the Internet website of the hospital; or (2) if the hospital does not have an Internet website, by providing the prices in writing on request to any person.

SECTION 2. This Act takes effect September 1, 2021.

3 Responses

  1. Penalty

    Because of the lame $300/day penalty for non-compliance, it’s an easy sell to most hospital boards that paying the fine of $109,500 annually is way less expensive than the hit they would take were their negotiated prices with the carriers they’re contracted with revealed.

    Doug

    Like

  2. Oh No!

    Federal officials have fined two Georgia hospitals more than $1 million for failing to meet new requirements to publicly disclose their charges.

    Northside Hospital Atlanta and Northside Hospital Cherokee are the first two hospitals in the country to face monetary penalties under the rules that went into effect last year, the Centers for Medicare and Medicaid Services said Friday. CMS issued the fines this week — $883,000 for Northside Atlanta and $214,000 for Northside Cherokee.

    https://www.msn.com/en-us/news/us/2-georgia-hospitals-fined-for-not-publicly-disclosing-prices/ar-AAYk8Rt?cvid=980a2d0315bc43e698a7e8963857e963

    Al

    Like

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