The law goes into effect in August and prohibits hospitals that are not following federal price transparency laws from using debt collectors, filing negative credit reports against patients and obtaining state court judgments for outstanding debts, according to the report.
Noncompliant hospitals can still bill patients, but if they pursue collection actions, they will have to refund any debt paid by the patient and all legal fees, according to the report.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
