Only half of hospitals compliant with MRI price transparency mandate

Half of hospitals compliant with MRI price transparency mandate

Only half of hospitals offering lumbar spine magnetic resonance imaging (MRI) are compliant with the U.S. Centers for Medicare and Medicaid Services (CMS) price transparency mandate after eight months, according to a report published online Feb. 18 in the Journal of the American College of Radiology.

Richard Lin, from the New York Institute of Technology College of Osteopathic Medicine in Glen Head, New York, and colleagues examined compliance with the CMS price transparency mandate, implemented January 2021, which instructed hospitals to publicly post gross and payer-specific negotiated service charges and discounted cash prices in an online machine-readable format and display these prices in a consumer-friendly format, for patients undergoing lumbar spine MRI. Overall, 523 hospitals were identified with reported OP-8 scores, a CMS imaging quality metric, between September and October 2021.

The researchers found that 49.5% of the hospitals were compliant with the CMS price transparency mandate. Hospitals with higher patient recommendation star ratings had higher compliance in the multivariable analysis (odds ratio, 1.7). Hospitals with higher Google star ratings had higher cash prices in the multivariable analysis (B coefficient, 693.5).

"Our results show hospitals with high-quality metrics are more likely to comply with patient-centric initiatives such as price transparency, and although the price transparency was mandated to promote high-value care, limitations remain in its ability to effectively function," the authors write.

More information: Richard Lin et al, Relationship Between Hospital Compliance With Medicare's Price Transparency Rule, Proposed Cash Prices, and Consumer Ratings for MRI Lumbar Spine, Journal of the American College of Radiology (2022). DOI: 10.1016/j.jacr.2022.01.005

© 2022 HealthDay. All rights reserved.

Citation: Only half of hospitals compliant with MRI price transparency mandate (2022, March 11) retrieved 24 April 2024 from https://medicalxpress.com/news/2022-03-hospitals-compliant-mri-price-transparency.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.

Explore further

More than half of US hospitals not in compliance with new pricing disclosure rules in first five months

2 shares

Feedback to editors