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CMS working to improve hospital price transparency, Verma says

CMS Administrator Seema Verma said the agency is taking steps to address concerns regarding a new rule that requires hospitals to publish their chargemaster prices online after experts said the move won't help consumers very much. Verma said the rule is an "important first step" toward price transparency, and though the agency is currently soliciting feedback on how to further improve it, she encouraged hospitals to act now to make the data more useful.

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