2025 CMS Hospital Price Transparency Resources
New hospital price transparency requirements from the Centers for Medicare & Medicaid Services (CMS) go into effect January 1, 2025. The new requirements incorporate additional elements into the standard machine-readable format, including estimated allowed amounts and information on modifiers and prescription drugs. These updates aim to equip patients, providers, and payers with more comprehensive pricing information to inform health care decisions.
ICYMI: CMS hosted an informational webinar on the new hospital price transparency requirements on Oct. 21. If you were unable to attend, access the recording below.
CMS Webinar Recording (Oct. 21, 2024)
To support compliance, we've provided the following links to essential resources and tools from the American Hospital Association (AHA) and CMS.
American Hospital Association Resources
The AHA provides tools, FAQs, and best practices specifically designed to assist hospitals with understanding and implementing price transparency measures.
AHA Price Transparency Resources
CMS Final Rule
Access the official 2025 CMS Final Rule on the Federal Register for detailed information on the new requirements.
CMS Final Rule on Hospital Price Transparency
CMS Hospital Price Transparency Resources
Explore a comprehensive set of resources, including fact sheets and educational materials, to support your facility’s compliance efforts.
CMS Hospital Price Transparency Resources
Data Dictionary
Review the CMS Data Dictionary to understand the standardized data elements and formats for hospital price transparency.
CMS Hospital Price Transparency Data Dictionary
Transparency Tools
Use CMS’s transparency tools to help create, test, and validate machine-readable files that comply with requirements.
CMS Transparency Tools
File Validator
Verify your facility’s machine-readable files for accuracy and compliance with CMS standards using the online validator tool.
CMS File Validator
Hospital price transparency requirements are already in place and are being enforced at the federal level. Creating a new set of state-level requirements will only add unnecessary cost and administrative burden to Wisconsin hospitals
Wisconsin hospitals are complying with hospital price transparency laws, but they are only one part of the health care cost equation. What about insurance companies? Out-of-state health insurers are profiting more than ever while premiums for families and businesses continue to rise. Instead of owning up, they point the finger at Wisconsin's nonprofit hospitals.