The Fix is in: Hospital Price Transparency Rule

Monitor Mondays

Many of America’s hospitals continue to be challenged as it pertains to complying with the requirements from the Centers for Medicare & Medicaid Services (CMS) for implementing the agency’s rule on hospital price transparency. And that is why RACmonitor and Monitor Mondays are producing a three-part series, in collaboration with ClaraPrice, to help providers fix this vexing problem, including addressing the onerous requirement for hospitals to produce their own machine-readable files (MRFs).

Specifically, CMS is requiring hospitals to display their standard charge information in a CMS template layout, following data specifications and a data dictionary.
But there’s even more stringent requirements from CMS that providers also must address.

During the next live edition of Monitor Mondays, Jory Hatton, ClaraPrice CEO, will continue with the second part of this essential series to help ease the pressure to comply.

Broadcast segments will also include these instantly recognizable features:

• Monday Rounds: Ronald Hirsch, MD, vice president of R1 RCM, will be making his Monday Rounds.

• The RAC Report: Healthcare attorney Knicole Emanuel, partner at the law firm of Nelson Mullins, will report the latest news about auditors.

• Risky Business: Healthcare attorney David Glaser, shareholder in the law offices of Fredrikson & Byron, will join the broadcast with his trademark segment.

• Legislative Update: Matthew Albright, chief legislative affairs analyst for Zelis, will report on current healthcare legislation.

Chapters

1. The Fix is in: Hospital Price Transparency Rule (00:00:00)

2. Ronald Hirsch, MD (00:01:22)

3. Knicole Emanuel, Esq (00:06:12)

4. RACmontior Commercial (00:11:39)

5. David Glaser, Esq (00:12:52)

6. Matthew Albright (00:17:45)

7. RACmontior Commercial (00:22:13)

8. Jory Hatten (00:23:28)

9. Closing (00:27:44)