The majority of American hospitals are still not transparent on their pricing of hospital procedures, even though transparency policies were initiated in 2019, according to recent studies on hospital pricing for joint replacements and other procedures.
A study by Cleveland Clinic Foundation found that only around a third—32 percent—of hospitals were totally transparent with their joint replacement prices. A recent study by Rice University on top American hospitals also found only 35 percent made their maximum, minimum, and cash prices for services public.
“It is understandable that there may have been delays in implementation,” wrote the authors of Rice University’s study (pdf), but reasoned that even with the COVID-19 pandemic interfering with implementation, “hospitals have now had multiple years to prepare.”…