June 14, 2023
2023 Mid-Year CPT/HCPCS Code Set Updates
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The most important thing to get right with transparency is assuring that the prices you calculate and display are competitive with your peer group.
Following up on the hospital price transparency rule that went into effect on January 1, 2019, [section 2718(e) of the Public Health Services Act] the Centers for Medicare & Medicaid Services (CMS) issued a series of proposed new rules on July 29, 2019. These proposed rules include several new requirements that up the ante on transparency required in the original rule.
Attend our free 30-minute web session within this series to learn what critical actions are needed in anticipation for the proposed price transparency rules, and with Vitalware Hospital Price Index, see how you can improve your own competitive intelligence with everything you need to be confident about how you calculate and display your pricing.
View some key steps you might consider in proactive response — not only to the specific changes proposed, but to the business environment, and perhaps more importantly, the consumer response they’re likely to bring about.
Key takeaways from this web series include:
- A deeper level of granularity in the rules set forth for pricing information.
- The requirement for a consumer-friendly display of “shoppable services.”
- The critical need for continuous updates to ensure this information is accurate.