Healthcare price transparency legislation hits a roadblock in the Senate
Despite widespread, bipartisan support, legislation expanding price transparency remains in limbo in the Senate as Congress considers healthcare policies for inclusion in a year-end package. The Senate seemed on track to pass the Patients Deserve Price Tags Act (S. 2355) on an accelerated basis Sept. 24. But Sen. Rand Paul (R-Ky.) blocked a motion that…
Healthcare price transparency legislation gains momentum in Congress
Price transparency bills continue to be a focus in Congress as an area to pursue in possible year-end healthcare legislation. Two House committees and a Senate committee approved bills within the past two weeks. Among various other healthcare bills that have made it out of the committees are: There was significant bipartisan support at the…
Site-neutral payments could lead to $7.4 billion in Medicare cuts
A study found that a proposed Medicare site-neutral payment policy would cut payments by 50% across affected services, with the most aggressive proposal saving $7.4 billion annually, with the majority of savings coming from larger nonprofit hospitals.