Additional Price Transparency Data Elements Required Jan. 1
(Jan. 10, 2025) – As a reminder, beginning Jan. 1, 2025, additional data elements are required on price transparency machine-readable files. Hospitals must encode additional new data elements, including: 'Estimated Allowed Amount,' 'Drug Unit of Measurement,' 'Drug Type of Measurement,' and 'Modifiers.'
The Centers for Medicare & Medicaid Services compiled a list of hospital price transparency resources, including recordings of two previous webinars. The webinar from October 2024 will have additional information and resources; the slides can be found here and at the first link on the resources webpage.
--Shannan Flach