As of January 1, 2021, most U.S. hospitals are required to publish pricing information on their website to promote more informed decision making by consumers regarding their care. In a nationally representative sample of 470 hospitals, we analyzed whether hospitals met price transparency information reporting requirements and the extent to which complete reporting was associated with ownership status, bed size category, system affiliation, and location in a metropolitan area. Fewer than one quarter of sampled hospitals met the price transparency information requirements of the new rule, which include five types of standard charges in machine-readable form and the consumer-shoppable display of 300 shoppable services. Our analyses of hospital reporting by organizational and market attributes revealed limited differences, with some exceptions for nonprofit and system-member hospitals demonstrating greater responsiveness with respect to the consumer-shoppable aspects of the rule.
|Original language||English (US)|
|Number of pages||7|
|Journal||Medical Care Research and Review|
|Early online date||Jun 19 2021|
|State||Published - Jun 19 2021|
Bibliographical noteFunding Information:
The authors wish to thank Emily Johnson, Rebecca Ruff, and Nath Samaratunga for excellent research assistance. The author(s) received no financial support for the research, authorship, and/or publication of this article.
© The Author(s) 2021.
- health care spending
- price transparency
PubMed: MeSH publication types
- Journal Article