Colorado Hospitals Share Self-Pay Prices as New Transparency Law Takes Effect; Hospital Medical Laboratories and Anatomic Pathologists Working with Hospitals Could be Impacted

Regardless of potential confusion, the bill’s passage is seen as a positive step toward greater transparency by high-level members of the state’s government In an effort to promote price transparency in healthcare, Colorado legislators passed a new law requiring hospitals in that state to post self-pay prices for the most common procedures and treatments. Their hope is healthcare consumers who lack insurance will find it easier to price shop and, therefore, make informed healthcare decisions....
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