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Hospital Prices For 20 Procedures To Be Posted In New Government Program

This article was originally published in The Gray Sheet

Executive Summary

The U.S. government will begin telling Americans how much it pays under federal healthcare programs for various medical procedures, HHS Secretary Michael Leavitt announced. The initiative is intended to make healthcare costs more transparent for consumers

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Hospital price data published

CMS posts payment information on its website for the 30 most common elective procedures and reasons for admissions, including implantation of defibrillators and hip and knee replacements. Posted June 1 to kick off the agency's transparency initiative, the data shows the service volumes and Medicare payment ranges for all hospitals by county to help consumers compare price and quality of care (1"The Gray Sheet" March 20, 2006, p. 13). The agency plans to add geographically based payment information for ambulatory surgery centers this summer, and outpatient and physician services in the fall...

Hospital price data published

CMS posts payment information on its website for the 30 most common elective procedures and reasons for admissions, including implantation of defibrillators and hip and knee replacements. Posted June 1 to kick off the agency's transparency initiative, the data shows the service volumes and Medicare payment ranges for all hospitals by county to help consumers compare price and quality of care (1"The Gray Sheet" March 20, 2006, p. 13). The agency plans to add geographically based payment information for ambulatory surgery centers this summer, and outpatient and physician services in the fall...

MedPAC Payment Recommendations Push Hospitals To Be More Efficient

Hospitals should receive 0.45% less than the market basket payment increase in 2007 for inpatient and outpatient services, the Medical Payment Advisory Commission recommends in its 1March 2006 Report to Congress

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