Senate Bill (SB) 23-252 builds upon Federal Hospital Price Transparency rule by requiring hospitals to include Medicare rates in their price postings. Additionally, SB23-252 includes language requiring HCPF to conduct performance assessments of hospital price postings and make violations of hospital price transparency requirements a deceptive trade practice.
SB23-252 Implementation Timeline
- October 2023: Medicare rates must be posted on hospital websites.
- February 2024: Medicare rates should be included in the same file as other hospital price postings.
- Spring 2024: HCPF conducts an annual performance assessment, including a review of Medicare rate postings. HCPF posts the results on this website.
Reports
- Price Transparency Posting Evaluation Report (February 2024)
- Price Transparency Posting Evaluation Report (Spring 2023)
People using assistive technology may not be able to fully access information in this file. For assistance, contact Anthony Ciaramella at anthony.ciaramella@state.co.us.
Resources
- The Centers for Medicare & Medicaid Services’ Hospital Price Transparency website
- HCPF will provide technical assistance to hospitals with questions regarding price transparency or specific price postings. Please reach out to the email listed below.
- Medicare Rates Clarification - November 2023
Reference
- Part 9 to Article 1 of Title 25.5, C.R.S., is the statute concerning hospital medical price transparency, which was enacted via the adoption of Senate Bill 23-252.
Contact Us
Please email us with any questions at hcpf_hospitalpricing@state.co.us.