NEW REPORT: Just 21% of U.S. hospitals complying with federal price transparency rule [Yahoo! Finance]
HCA Healthcare, Inc. (HCA)
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Source: Yahoo! Finance
Hospital Price Transparency Rule, which went into effect nearly four years ago, requiring all hospitals to publicly post all prices online. PRA 's seventh Semi-Annual Hospital Price Transparency Report revealed that only 21.1% of the 2,000 hospitals reviewed nationwide were in full compliance with the federal rule , a substantial decline from the 34.5% compliance found in PRA's last report released in February 2024 . The Centers for Medicare & Medicaid Services (CMS) has issued penalty notices to only 15 hospitals in four years and only one notice in 2024. PRA found that hospitals that were previously in compliance in the February report have rolled back transparency measures that were in place to protect consumers. After years of lackluster enforcement measures, effective July 1, 2024 , CMS lowered transparency standards, which created the illusion that many hospitals made strides in consumer protections under the new rule . These standards included the option to omit actual, dol
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HCA
Earnings
- 10/25/24 - Miss
HCA
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/14/24 - Form 4
- HCA's page on the SEC website