CMS rule requiring all hospitals to publish detailed information regarding the pricing of their services effective January 1, 2021, has been finalized. Despite strong pushback from the industry, this initiative appears to be moving forward on schedule. What’s more, the industry is unprepared—an HFMA survey found that only 12% of executives believe their organizations are ready to comply with the new requirements. This is important for regulatory compliance reasons, but also because it has implications for how consumers shop for healthcare services and how providers should position themselves in their markets. In this session, ECG’s team of experts explain the rule’s requirements and health systems can best respond.

Learning Objectives

• What the CMS transparency rules are and how they will (or will not) improve transparency
• Near-term tactics for compliance
• Longer-term impact on consumer behavior and reimbursement rates
• Creative pricing strategies and patient-friendly, value-driven payment models