How Medical Practices Can Benefit From Posting Their Pricing
In the hopes of making it easier for patients to price shop for non-urgent services, on January 1, 2021, CMS made it mandatory for hospitals to publicly publish their standard and negotiated fees for 300 shoppable services online in a machine-readable format. While this rule doesn’t apply to private practices, many practices may benefit from publishing their pricing for services, and here’s why.