Price transparency update: 6-figure fines have been handed down for hospital noncompliance
The federal price transparency requirements for hospitals entered a new phase this month, with CMS not only issuing the first fines for noncompliance but also publicizing those penalties.
HFMA’s latest Outlook Survey reflects a healthcare industry on more stable footing: 5 takeaways
Recent feedback from HFMA members signals that healthcare finance and administrative operations have returned to something closer to normal in recent months.
News Briefs: Federal funding bill addresses hospitals’ 340B eligibility concerns, extends telehealth waivers
A monthly roundup of top news for healthcare finance professionals.
Large analysis of hospital websites finds little compliance with price transparency regulations
Fewer than 15% of hospitals are fully compliant with federal price transparency regulations, according to an analysis.
News Briefs: Supreme Court ruling allows the COVID-19 vaccine mandate for healthcare workers to proceed
A roundup of top news stories for healthcare finance professionals.
Studies find glaring issues with federal price transparency requirements
The first year of federal price transparency regulations for hospitals hasn’t had high rates of compliance, nor has it consistently led to actionable information for consumers, according to two new studies.
New surprise billing regulations: How providers should be preparing to fulfill the pending requirement about good-faith estimates
Providers have had a mere three months to implement the processes needed to comply with a new requirement to provide uninsured patients with good-faith estimates in advance of services.
CMS makes templates available to help with aspects of the new surprise billing regulations
CMS has published templates and resources that can guide healthcare providers in implementing some of the surprise-billing requirements that take effect in January.
Annual Conference Day 1: HFMA’s Fifer talks industry challenges, opportunities and the importance of curiosity
The challenges facing the industry are momentous, but healthcare finance professionals should be optimistic about their ability to help find solutions, HFMA President and CEO Joe Fifer said during the kickoff session of the 2021 Annual Conference.
CMS finalizes changes to the price transparency penalty, inpatient-only list and more for 2022
Medicare policies affecting price transparency, the inpatient-only list and more will take effect Jan. 1 after CMS published its 2022 final rule for hospital outpatient departments and ambulatory surgical centers.