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Less than 20% of hospitals in Tennessee are fully compliant with the CMS price transparency rule that went into effect on January 1, 2021.
July 25, 2024
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Nine hospitals in South Carolina are not fully complying with a federal law requiring price transparency.
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Corewell’s former Spectrum Hospitals — the system completed its merger with Beaumont in February 2022 — charges private payers 307% more than the Medicare rate, but only needs 151% of the Medicare rate to break even.
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