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Imaging Services Price Transparency in Medicare Program

New rules aim to increase price transparency for imaging services for Medicare beneficiaries. Starting in 2025, healthcare providers will be required to publicly disclose the prices of these tests, making it easier for patients to compare costs and make informed financial decisions about their healthcare.
Key points
Healthcare providers must publish imaging test prices online starting January 1, 2025.
Price information will include discounted cash prices and negotiated rates with insurers.
The goal is to help Medicare patients compare costs and choose services.
Financial penalties are introduced for non-compliance, with provisions for reduction in hardship cases.
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Additional Information
Imaging Services Price Transparency Act of 2023
Print number: HR 4828
Sponsor: Rep. Carey, Mike [R-OH-15]
Process start date: 2023-07-24