CMS Transparency Rule: Strategic Considerations/Hospitals
The CMS Transparency Rule: Strategic Considerations for Hospitals
Tuesday, August 11 | 12:00 PM - 12:30 PM (CST)
FREE Webinar
Offered through a partnership with Massachusetts Hospital Association.
In late June, a federal court upheld the Trump Administration’s 2020 Price Transparency Rule, which requires hospitals to disclose their charges and payer-specific negotiated rates for all services they provide. The legal issues are straightforward yet many strategic questions remain regarding what provider executives need to do next to prepare for the rule, including:
• Is the rule settled and will there be an appeal?
• What does compliance with the rule look like and what are consequences of non-compliance?
• How might this affect hospital pricing strategies and overall market dynamics?
• What shoppable services should providers actually post, and why?
• How should hospitals approach contract modeling around price transparency?
• What will be the downstream revenue effects?
• Will COVID-19-related utilization changes affect price transparency?
Massachusetts has had statewide transparency requirements in place prior to the CMS rule, and our faculty will review how these regulations have affected hospital strategies and operations feeding into the federal rule. They will then discuss the high-level tactical considerations. Join experts from Guidehouse’s Managed Care and Pricing Strategy team for this complimentary webinar regarding the critical next steps for hospital finance executives as the price transparency rule evolves.