Achieving Price Transparency Success and Avoiding Millions in Penalties
Achieving Price Transparency Success and Avoiding Millions in Penalties
1 PagesCarle Health needed a cost-effective CMS price transparency compliance solution to avoid steep fines, as its existing approach lacked efficiency and timely patient pricing. Health Catalyst software—Hospital Price Index—enabled rapid implementation in just four months, automating machine-readable file generation and shoppable services lists while slashing costs by 60%. This achieved full compliance, avoided $5.3M in annual penalties, and delivered transparent, up-to-date pricing to enhance patient trust and operational effectiveness.
