This is one of the reasons that we created the Machine-Readable File Transparency Scorecard: to create a data quality feedback loop. This also creates some uncertainty as to whether hospitals are following the rule correctly. On the other hand, the flexibility creates difficulty for healthcare purchasers in making price comparisons. On one hand, the lack of a strict standard offers flexibility in the choice of file format, choice of structure, and it allows providers to post information beyond the regulatory minimums. self-pay, non-insured rates, discounted cash price). contracted rates), and cash rates (a.k.a. chargemaster rates, charge description master, CDM rates), negotiated rates with commercial insurance (a.k.a. Hospitals are required to post a machine-readable file that displays all “list prices” (a.k.a. Without a standard file format to follow, every hospital posted their prices in their own custom format. But unlike the newer Transparency in Coverage regulations that cover payers, CMS did not specify a standard file format for the provider price transparency machine-readable files (MRF). Starting in 2021, hospitals were required to post their prices online.
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