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Closing the Gap: CMS Strengthens Enforcement of Hospital Price Transparency
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Healthcare is moving towards a more transparent future.
In this episode of Complications: Health Policy Unraveled, host Stephanie Kennan explores the latest updates in hospital price transparency efforts. Delve into the strengthened enforcement process by CMS, exploring new requirements for corrective action plans, changes in the imposition of civil monetary penalties, and streamlined compliance procedures.
Meet Your Host
Name: Stephanie Kennan
Title: Senior Vice President, Federal Public Affairs at McGuireWoods Consulting
Specialty: Stephanie Kennan helps clients navigate the legislative and executive branches of the federal government to solve problems involving a variety of healthcare policy issues. Her work focuses on providers, medical device manufacturers, drug manufacturers and associations concerned about Medicare and Medicaid reimbursement.
Connect: LinkedIn
Episode Highlights
[00:33] Hearing on competition and transparency in the healthcare system.
[01:00] Change #1: Requiring corrective action plan completion deadlines.
[01:41] Change #2: Imposing civil monetary penalties earlier and automatically.
[02:45] Change #3: Streamlining the compliance process for non-compliant hospitals.
[03:14] How these enforcement updates will shorten the average time of compliance.
Contact
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Subscribe to Complications: Health Policy Unraveled in your preferred podcast app and never miss a healthcare update by subscribing to host and JD Supra’s #1 healthcare author Stephanie Kennan’s Washington Healthcare Update at www.mwcllc.com
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