CMS Imposes First Price Transparency Rule Penalties

The Price Transparency Rule (the Rule) became effective on January 1, 2021. By October 2021, the Centers for Medicare & Medicaid Services (CMS) had issued warnings to over 300 hospitals deemed not in compliance with the Rule. Due to many hospitals’ continued nonconformity after receiving a warning notice, CMS hoped to further incentivize compliance by increasing the potential civil monetary penalty.

Now, a year and a half into the Rule’s implementation, CMS has imposed its first civil monetary penalties.

Source: https://www.jdsupra.com/legalnews/cms-imposes-first-price-transparency-3918653/