--- title: How Will Price Transparency Affect Hospitals? description: The principle of transparency is a good thing for most businesses. It ensures that honesty and accuracy are paramount in the day-to-day dealings of a compa image: https://www.medcomsolutions.com/hubfs/Imported_Blog_Media/Sept-blog02-scaled.jpg --- - [Home](https://www.medcomsolutions.com) - [Blog](https://www.medcomsolutions.com/blog) - How Will Price Transparency Affect Hospitals? **September 20, 2021** # How Will Price Transparency Affect Hospitals? - [** ](http://www.facebook.com/share.php?u=https://www.medcomsolutions.com/blog/how-will-price-transparency-affect-hospitals) - [** ](https://twitter.com/intent/tweet?original_referer=https://www.medcomsolutions.com/blog/how-will-price-transparency-affect-hospitals&url=https://www.medcomsolutions.com/blog/how-will-price-transparency-affect-hospitals&source=tweetbutton&text=%3Cspan+id%3D%22hs_cos_wrapper_name%22+class%3D%22hs_cos_wrapper+hs_cos_wrapper_meta_field+hs_cos_wrapper_type_text%22+style%3D%22%22+data-hs-cos-general-type%3D%22meta_field%22+data-hs-cos-type%3D%22text%22+%3EHow+Will+Price+Transparency+Affect+Hospitals%3F%3C%2Fspan%3E) - [** ](http://www.linkedin.com/shareArticle?mini=true&url=https://www.medcomsolutions.com/blog/how-will-price-transparency-affect-hospitals) ![How Will Price Transparency Affect Hospitals?](https://www.medcomsolutions.com/hs-fs/hubfs/Imported_Blog_Media/Sept-blog02-scaled.jpg?length=940&name=Sept-blog02-scaled.jpg) The principle of transparency is a good thing for most businesses. It ensures that honesty and accuracy are paramount in the day-to-day dealings of a company. Hospital pricing transparency** **is a case in point. [Our team](https://medcomsolutions.com/about/our-consultants/) at MedCom Solutions will explain in this blog how it may affect your facility. In 2020, the Centers for Medicare and Medicaid Services (CMS) ruled that hospitals must release prices for 300 services. It did much to enforce transparency. Not only do these medical centers have to disclose prices for so-called “shoppable services,” but they also have to state the lowest amount they will accept from consumers paying on their own. A shoppable service, by definition, is one that a patient can schedule in advance at their convenience. What does all this mean for hospitals? Over time, it is expected to lower health care costs by allowing consumers to do their own [pricing analyses](https://medcomsolutions.com/solutions/professional-services/comprehensive-pricing-review/) and shop around for the perceived best value. That is the intended benefit for the public, but it may also help bodies such as insurance companies and labor unions who make large purchases of health care services. Depending on their market, hospitals may be negatively affected based on the competition in their area and their reputation, for example. There is an ongoing debate about this issue, and we are here to help. ## **About MedCom Solutions** MedCom Solutions provides a unique combination of clinical expertise and proprietary technology to help medical service providers meet rapidly escalating and changing medical billing demands. Our Chargemaster, Pricing, and Compliance solutions have yielded hundreds of millions in net revenue for healthcare providers across the country. Learn more about [our solutions](https://medcomsolutions.com/solutions/) or [visit our homepage](https://medcomsolutions.com/) or [contact us](https://medcomsolutions.com/contact/) today! - [**](https://twitter.com/intent/tweet?source=https%3A%2F%2Fmedcomsolutions.com%2Fhow-will-price-transparency-affect-hospitals%2F&text=How%20Will%20Price%20Transparency%20Affect%20Hospitals) - [**](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fmedcomsolutions.com%2Fhow-will-price-transparency-affect-hospitals%2F&t=How%20Will%20Price%20Transparency%20Affect%20Hospitals) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fmedcomsolutions.com%2Fhow-will-price-transparency-affect-hospitals%2F&title=How%20Will%20Price%20Transparency%20Affect%20Hospitals) ## Recent Posts *June 4, 2026* ### [Look Before You Leap Into Epic: Protect Your Revenue Before the Big Transition](https://www.medcomsolutions.com/blog/look-before-you-leap-into-epic-protect-your-revenue-before-the-big-transition) Epic conversions promise streamlined workflows, modernized patient experiences, and improved integration across clinical and financial systems. But as many hospitals have learned the hard way, an Epic go-live can also expose ... [Read More](https://www.medcomsolutions.com/blog/look-before-you-leap-into-epic-protect-your-revenue-before-the-big-transition) *April 14, 2026* ### [Syncing Your Hospital Price Transparency Machine-Readable File with CMS’ 2026 Requirements](https://www.medcomsolutions.com/blog/syncing-your-hospital-price-transparency-machine-readable-file-with-cms-2026-requirements) At its onset, hospital price transparency seemed like a straightforward concept — providing patients with clear and accessible information about the costs of medical services to enable consumers to make informed decisions about ... [Read More](https://www.medcomsolutions.com/blog/syncing-your-hospital-price-transparency-machine-readable-file-with-cms-2026-requirements) *March 12, 2026* ### [CMNavigator® SaaS: The Ultimate Platform for AI-Driven Charge Capture, CDM Management, and Operational Control](https://www.medcomsolutions.com/blog/cmnavigator-saas-the-ultimate-platform-for-ai-driven-charge-capture-cdm-management-and-operational-control) As hospitals and physician groups navigate the heightened financial pressures of today’s healthcare environment, one truth consistently emerges: accurate charge capture and tightly controlled Chargemaster (CDM) management are ... [Read More](https://www.medcomsolutions.com/blog/cmnavigator-saas-the-ultimate-platform-for-ai-driven-charge-capture-cdm-management-and-operational-control) ## Subscribe to our Newsletter Subscribe here to receive newsletters on industry insights.