Lower Costs, More Transparency Act Passes by Vote of 320-71; Features PBM, Transparency, and Site-Neutral Provisions
December 12, 2023 | |
Lower Costs, More Transparency Act Passes by Vote of 320-71; Features PBM, Transparency, and Site-Neutral Provisions
The House of Representatives passed the Lower Costs, More Transparency Act by a vote of 320-71. The legislation features the following provisions: Increasing transparency of hospital prices, clinical diagnostic laboratory test prices, imaging prices, ambulatory surgical center prices, health coverage prices, and pharmacy benefit manager (PBM) practices; Parity in Medicare payments for hospital outpatient department services furnished off-campus; Prohibiting spread… (Slifer, December 12, 2023) #Clinical Labs, #Community Health Centers, #Disproportionate Share Hospitals (DSH), #Graduate Medical Education (GME), #Hospitals, #Pharmacy Benefit Managers, #Transparency