Question: In 2 0 2 0 , the Centers for Medicare and Medicaid Services ( CMS ) issued a final rule requiring hospitals to release pricing
In the Centers for Medicare and Medicaid Services CMS issued a final rule requiring hospitals to release pricing information before providing services. As of less than percent of hospitals are complying with the CMS price transparency rule; however, if you were an executive of a healthcare system, the ramifications of this ruling may impact your organization, EXCEPT for:Question Answera.Consumers may not care as only a small fraction of consumers are covered by highdeductible plans in the commercial marketb.The new dynamics of negotiation may accelerate consolidation in the healthcare marketsc.Price transparency will add a new dimension to antitrust complianced.Prices for some hospital services will become less competitive
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
