CMS-1717-F2, the new Price Transparency Rule, is 83 pages long and applies to all hospitals regardless of size.
Failure to comply with the new rule can result in civil penalties from CMS of $300/day, or over $109k/year - and numerous additional penalties as well.
Although the Price Transparency Rule was finalized in November of 2019, CMS gave hospitals until January 1, 2021 to comply.
Many hospitals have spent months of work to develop
what ClearCare will help you accomplish in minutes.
Simply drag and drop your existing chargemaster into ClearCare's AI-enhanced import tool. In seconds, ClearCare will:
The ClearCare data engine will automatically include the 70 required services designated by CMS, provide the required "service not offered at this location" disclaimer for CMS-designated shoppable services that your hospital doesn't offer, and recommend an additional 230 services to reach the required 300.
You'll confirm these choices or select your own with an intuitive on/off toggle switch for including any item in your Shoppables list.
Once you've finalized your charge set, click a single button to get the code for your website's new, fully compliant Price Transparency component.
You can embed the code directly in your own site, or simply link to a hosted version we'll provide on your behalf at no extra charge.
Once the ClearCare code is embedded on your current Price Transparency Page, or you've updated your Price Transparency link to point to the hosted version, you're all done.
We'll keep an eye on the shifting regulatory environment, keep you posted of any important changes, and of course, make sure you stay compliant at all times.
The CMS Price Transparency rules may be complex, but compliance doesn't have to be hard.
Don't settle for a cookie-cutter "index" page or a user-hostile data dump. Delight your patients with a clear, easy-to-understand pricing portal that complies with regulations while guiding patients toward your billing specialists.
Upload raw chargemaster and payer rate data in any format, and instantly convert it to a standards-compliant, machine-readable dataset. Seamlessly embed on your own website or let us host it for you on a dedicated portal.
Patients don't know what the cryptic terms in your chargemaster mean, and now they don't have to. The ClearCare platform automatically provides plain language descriptions for shoppable services, providing clarity for patients and unimpeachable compliance for you.
End-to-end encryption via SSL comes standard. HIPAA-compliant data security protects your data both in transit and at rest, so you can rest easy.
ClearCare's embeddable widget can be added to an existing website in just a few lines of code, or
Turn pricing data into a revenue opportunity, with a customizable calculator that helps your hospital stand out among others while nudging patients to a conversation with your billing specialists. (Coming Soon)
Price Transparency should be priced transparently, right?
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