CMS Price Transparency Regulations

CMS bumps up pay increase to 3.1% in final FY24 OPPS rule

A recent article by Fierce Healthcare updated that the CMS issued regulations around price transparency for hospitals in the US and finalized a 3.1% payment increase for 2024 as opposed to the initially proposed 2.8%.

"Under the rule, hospitals will be required to make cost data publicly available in a more standardized manner, which it says will make it easier for third-party developers to use the data and make it simpler for patients to parse," the article notes.

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