Washington, D.C. partner, Rob McCann, Medicare Reimbursement & Health Policy Director Anna Howard and associate Christopher Anderson authored an article that was published in a recent issue of Bloomberg BNA’s Medicare Report. The article, titled, “How Important is CMS’s Recent Release of Hospital Inpatient and Outpatient Charges Data?” was published after the three authors published a client alert on the topic.

The article discussed the Centers for Medicare & Medicaid Services’ (CMS) ongoing goal of creating a more transparent, patient-centric health care delivery system. In doing so, the CMS recently released charge data for certain inpatient hospital services and outpatient procedures to Medicare providers. These releases have stirred up questions and discussions surrounding the usefulness of the data released.

As it currently stands, consumers do not know what hospitals charge them or their insurance company for various procedures. The release of the data is one piece of a three-part initiative by the Department of Health & Human Services to increase transparency in the delivery of health care in the U.S. It is also to encourage competition and provide consumers with more purchasing power. Congress so far has largely acknowledged such transparency efforts as a good first step.

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Source: Bloomberg