Answered: Your Pressing Questions About the Federal Price Transparency Rule

On June 23, a federal court upheld the Trump Administration’s 2020 Price Transparency Rule, which would require hospitals to disclose their charges and payer-specific negotiated rates for all services they provide.

Yet, many questions remain regarding what provider executives need to do next to prepare for the rule, including:

  • Is the rule settled and will there be an appeal?
  • What does compliance with the rule look like and what are consequences of non-compliance?
  • How might this affect hospital pricing strategies and overall market dynamics?
  • Will COVID-19-related utilization changes impact price transparency?
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