Webinar Series on Price Transparency Sponsored by HFMA and AHA
Cleverley + Associates is proud to announce its participation in a timely and informative three-part webinar series on price transparency sponsored by HFMA and AHA!
Since going into effect in 2021, CMS has made several changes to the Hospital Price Transparency Rule requirements. The most recent set of changes went into effect July 1, 2024, and require hospitals to use a standard machine-readable file format and expand the specificity of the data fields within that file. The next set of changes will go into effect on January 1, 2025, and includes four additional data fields that will further detail hospital pricing in the areas of pharmacy, modifier impacts, and expected reimbursement.
In preparation for implementing the latest requirements and anticipated audits, the AHA and HFMA are hosting a series of three webinars for members on hospital price transparency. The webinars are intended for hospital senior leaders, particularly those in finance and revenue cycle roles.
Webinar Schedule
Cleverley: November 13, 2024, 11-12:30 CT
Encoding Data in the Hospital Price Transparency File Template
Jamie Cleverley, President, Cleverley + Associates
While the updated hospital price transparency fields and structure are outlined, ongoing discussions remain about the proper methods for encoding this data. This session will provide a detailed review of the latest requirements and offer practical guidance on how and when to derive the various data elements from a hospital’s billing environment.
Learning Objectives:
- Understand the latest CMS hospital price transparency requirements
- Identify key data sources necessary for accurate and compliant file creation
- Acquire the necessary skills to ensure full compliance with CMS transparency standards
Turquoise: November 20, 2024, 11-12:30 pm CT
Extracting and Using Data from Price Transparency Files
Joe Wisniewski, AVP, Turquoise Health
Description: This session will offer AHA and HFMA members key insights into how hospitals and others are utilizing price transparency data.
Learning Objectives:
- Learn how increased pricing transparency can impact the revenue cycle
- Gain insights into how hospital price transparency data is being utilized by hospitals and other stakeholders
- Explore best practices for supporting price transparency
CMS: December 9, 2024: 11-12:30 CT
Conversation with CMS on Tips to Achieve Compliance,
Terri Postma, Medical Officer and Senior Advisor, CMS
Description: For the final webinar, CMS will join AHA and HFMA to discuss common compliance issues they are seeing following the July 1, 2024, changes, provide guidance to hospitals on how to avoid them, and answer questions about the January 1, 2025, changes.
Learning Objectives:
- Recognize and address common compliance issues that have emerged following the July 1, 2024, changes to CMS rules
- Receive guidance from CMS on areas of non-compliance observed across hospitals, with guidance on how to align practices with CMS standards to avoid penalties and ensure transparency
- Gain insights into the upcoming January 1, 2025, changes, including key updates hospitals must make to the information in their machine-readable files and compliance expectations