tci Medicare Compliance & Reimbursement - 2022 Issue Q4

Industry Notes: OIG Adds Hospital Price Transparency to Work Plan

Most hospitals are required to let their patients know the cost of items and services. The HHS Office of Inspector General (OIG) just added hospital price transparency to its Work Plan to gauge how the facilities are doing with these requirements. Nuts and bolts: As part of a final rule that went into effect on Jan. 1, 2021, the Centers for Medicare & Medicaid Services (CMS) mandated certain hospitals list their prices for items and services. “Most institutions in the United States that are licensed as hospitals or otherwise approved as meeting applicable licensing requirements must post their...

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