As we near the fourth quarter of 2020, HBI has begun to receive an influx of questions from revenue cycle leaders who want to know what others are doing to comply with the CMS price transparency rule going into effect January 1, 2021. There are two overarching requirements hospitals will need to comply with: Publicizing […]
Author: Kelli Jenkins
How Well Does Your Organization Provide Price Transparency?
HBI’s newly released 2019 Price Transparency Report seeks to help answer this question. It features two independent studies that show how organizations’ performance with price transparency is not yet where it should be. In one study, HBI examined the websites of 272 hospitals and found that approximately 49% are not fully compliant with CMS’ 2019 […]
Helping Patients During the Transition to New Medicare Cards
Since April 2017, CMS has been rolling out its new Medicare beneficiary cards in phases to a variety of states and territories of the U.S., and many are still awaiting their arrival. As some healthcare organizations begin to encounter patients with new cards and many more prepare to, leaders may be wondering what impact—if any—this […]