Study finds few hospitals are meeting federal transparency requirements, yet only 2 have faced fines. ‘They’re not complying, and nobody’s accountable,’ a patient rights advocate said.
Since the beginning of 2021, a federal law has required hospitals to post prices and establish a consumer-friendly price list for 300 common procedures and services.
But a new study finds more than half of U.S. hospitals have failed to meet either of the two main requirements of the federal Hospital Price Transparency law, which aims to give consumers an opportunity to shop for prices before getting non-emergency medical care.