Increasing disclosure of hospital pricing

The Hospital Price Disclosure Act has been introduced in the House. It would require hospitals to report average and median prices for their 25 most common procedures and 50 most prescribed medications, reports Modern Healthcare.

According to a press release from co-sponsor Rep. Dan Lipinski (D-IL),

When consumers start comparing health care facilities on costs, the facilities will respond accordingly, driving costs down and quality up.

Don’t hold your breath.

March 21, 2005

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