PYA was pleased to present the first annual Summer CPE Symposium. The virtual event offered in-depth and timely information focused on a variety of trending healthcare financial and compliance topics. The “2022 Summer CPE Symposium: What’s Hot in Healthcare” event brought together our team of thought leaders, who offered their expertise and insight into price transparency, IT cost controls, value-based exceptions, revenue generation through clinical trials, Single Audits, and reimbursement.
There has been considerable focus on hospital pricing over the last few years. Hospitals are required to comply with price transparency requirements issued by the Centers for Medicare & Medicaid Services (CMS). In addition, the No Surprises Act limits the ability of facilities and providers to balance bill patients for out-of-network services and requires the provision of a good faith estimate of expected patient liability for self-pay patients.
In this session, “Pricing Transparency: Using the Data”, PYA Director of Business Intelligence & Analytics Jason Hardin and PYA Senior Manager Kathy Reep provided an overview of both laws and shared:
- Insights on the variation in pricing for similar healthcare services across the country.
- The way these two laws are creating greater transparency for both prices and negotiated payment rates.
If you would like additional guidance in these areas or with any matter related to strategy and transactions, compliance, or valuation, one of our executive contacts would be happy to assist. You may email them below, or call (800) 270-9629.