Outpatient Surgery Magazine - Subscribers

OR Excellence 2019 Awards - Outpatient Surgery Magazine - September 2019

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

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H owever wonderful it might (or might not) be for healthcare pricing to be transparent, what does it matter if you have no clear understanding of related costing and other financial and billing matters within your operations? With high hopes from some and loud mopes from others, President Trump recently signed an executive order directing federal agencies to develop regulations to foster transparency of healthcare price and quality data. Among many other directives, hospitals would publicly post standard charge information, including charges based on negoti- ated rates, and healthcare providers, health insurance issuers and self- insured group health plans would provide or facilitate access to infor- mation about out-of-pocket costs to patients. As of this writing, CMS has released proposed rules that would require hospi- tals to: • make public their "standard charges" for all items and services; • post those charges on the internet in a machine-readable How Transparent Is Healthcare Transparency? The window into price and quality data could be as clear as mud. Regulatory Affairs Mark F. Weiss, JD, and Cecilia Kronawitter • WINDOW DRESSING Before you can get a clear picture into the financial guts of health care, you must first clean up your facility's financial opera- tions. S E P T E M B E R 2 0 1 9 • O U T PA T I E N T S U R G E R Y. N E T • 3 3

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