PYA Senior Manger Kathy Reep led a webinar on hospital price transparency for the Dallas-Fort Worth Hospital Council on June 6, 2:30-3:30 ET. She and Stephen Love, CEO of the council, discussed the new transparency requirements and helped hospital leaders prepare for the deadlines.
The webinar focused on the 2024 Medicare Outpatient Prospective Payment System final rule, which includes significant changes to the current requirements for hospitals to post standard charges and other pricing information. Hospitals must comply with the most substantive changes by July 1, 2024. The final rule also strengthens the enforcement process for the price transparency rules, including more publicity of actions taken against hospitals that do not comply.
During the webinar, Reep and Love covered these and other topics:
- Website posting requirements
- Standardization of machine-readable files
- New data elements
- Algorithmic rates
- Attestations
- Enforcement update
For more than 50 years, the Dallas-Fort Worth Hospital Council has provided educational sessions and information for hospital leaders to improve patient care and health equity in North Texas.
Additional Resources
Learn more from PYA’s thought leadership:
- PYA on-demand webinar, “Hospital Price Transparency: Are You Ready for July 1?”
- PYA Insight: “Hospital Price Transparency: Checklist of Deadlines for Compliance with New Requirements”
PYA offers expertise in regulatory compliance, strategy and transactions, and compensation valuation to help clients successfully navigate the complex healthcare industry. If you would like guidance on these areas or other matters related to the healthcare industry, our executive contacts would be happy to assist. You may email them below or call (800) 270-9629.
