Hospitals know their prices; why don’t patients?

AI Briefing

• – Hospital transparency on pricing has been a topic of discussion for years, with some hospitals making efforts to provide patients with upfront cost information.
• – Several states have passed laws requiring hospitals to disclose their standard charges for certain services, but this can still be a complex and opaque process for patients.
• – A 2022 survey found that 75% of patients had never asked about costs or payment options at a hospital visit, highlighting the need for greater transparency and education on healthcare pricing.