Colorado Hospitals Face Compliance Challenges with Federal Price Transparency Rules
A new report reveals that about half of Colorado's health systems struggle to meet federal requirements, despite efforts to improve transparency.
- About half of Colorado's largest health systems are not fully compliant with federal cost transparency rules, according to a report by PatientRightsAdvocate.org.
- Despite some hospitals' claims of compliance, gaps in price transparency persist, particularly in providing upfront costs for services.
- Colorado hospitals are investing significant resources to meet compliance, with some already fully compliant according to the report.
- Patients face challenges in obtaining upfront cost estimates for medical procedures due to limitations in hospitals' price estimator tools.
- Legislation at both state and federal levels aims to strengthen and expand healthcare price transparency requirements.
Denver Gazette 