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New hospital price transparency rules now effective; hospitals must use standardized machine-readable file format, include new data elements like negotiated rate methodology

Jul 1, 2024 Press Release 1 min read

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July 1, 2024 (press release) –

Changes to the Centers for Medicare & Medicaid Services' Hospital Price Transparency Rule took effect July 1. Going forward, hospitals are required to use a standard machine-readable file format, which includes some new data elements, such as the negotiated rate methodology and an accuracy and completeness statement.  

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