Hospitals must publish prices for all services, not just a few
What happened
Medicare is expanding its price transparency rules for hospitals. Hospitals must now publish the actual prices for all their services, not just a select few.
Why it matters
For years, hospitals only had to publish a small list of 'shoppable' services, making it hard for patients to compare costs. This change means patients and insurers can finally see the real prices for everything from a simple blood test to complex surgery. It could force hospitals to compete on price in a way they haven't before, shifting power to those paying the bills.
The signal
Watch for lawsuits from hospitals challenging the new rules, and whether insurers start using this data to negotiate lower rates or steer patients to cheaper providers.