With the new year, many new laws take effect. Hospitals nationwide will have to list prices for standard services as part of a new federal rule. The federal rule was put in place by the U.S. Department of Health & Human Services’ Centers for Medicare & Medicaid Services (CMS) to make hospitals more transparent and help give patients more information when deciding on important healthcare decisions.It’s being called the Prospective Payment System rule. The new requirement will require hospitals to list prices for procedures on their websites.
