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Compass
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Bates & Company, Inc.
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What to Expect from the New Hospital Price Transparency Rule
Cindy Ehnes, C. Duane Dauner, Tom Dougherty, in Health Affairs Forefront [Opinion] Mar. 6, 2020 "[1] Prices for some hospital services will become more competitive.... [2] Prices will increase for other hospital services.... [3] Some regions may see higher prices overall.... [4] The new dynamics of negotiation will accelerate consolidation.... [5] Some rural and safety-net hospitals will not be able to survive.... [6] Adoption of new technology will slow unless it has a very strong value proposition.... [7] Payers will experiment with new benefit designs and reimbursement models.... [8] Price transparency will add a new dimension to antitrust compliance.... [9] The rule will not affect the majority of consumers, who are insulated from the true cost of health care.... [10] The rule could complicate efforts to advance value-based payment." |
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