Rochester, MN (KROC AM News) – Of the nine Minnesota hospitals included in a report discussing price transparency, only the Mayo Clinic was found to be compliant with a law passed last year.
The report was published Thursday by PatientRightsAdvocate.org, described as a “Non-profit, non-partisan organization focused on bringing system-wide healthcare pricing transparency.”
According to the PRA report:
Under the Affordable Care Act (ACA), a federal hospital price transparency rule took effect on January 1, 2021, requiring hospitals to publish all prices online, easily accessible without barriers such as bidding personal identification information. Prices must be in the form:
- A machine-readable list of standard fees for all items and services for all payers and all plans as well as all discounted cash prices.
- A standard fee list or price estimator for the 300 most common purchasable services.
The February 2022 report assessed compliance with the law by reviewing 1,000 US hospitals out of the country’s more than 6,000 accredited hospitals.
Of the total 1,000 hospitals surveyed:
• Only 14.3% complied with the transparency rule.
• Only 37.9% of hospitals had a sufficient number of negotiated rates, but more than half did not meet other criteria of the rule, such as the rates for each insurer and designated plan.
Minnesota hospitals included in the report:
Mayo hospitals in Arizona and Florida were also listed as compliant.
This report follows PatientRightsAdvocate.org’s first semi-annual Hospital Pricing Transparency Compliance Report released last July, which found that of 500 sampled hospitals, 94.4% were non-compliant.
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