These unfair billing practices create incentives for hospitals to continue to buy up physician practices and rebrand them as hospital outpatient facilities to charge higher prices.
This kind of consolidation leads to higher prices, which translate into higher premiums and cost sharing for patients and leaves patients with fewer choices for receiving care.
And it costs taxpayers billions. The Congressional Budget Office estimates that site-neutral payment reforms could save Medicare nearly $140 billion over the next decade.
We‘re calling on Congress to act now to advance site-neutral payment and billing transparency reforms to protect against unfair billing practices that lead to excessive health care prices.