CMS releases Procedure Price Lookup tool
As required in the 21st Century Cures Act, CMS recently released the Procedure Price Lookup
tool which allows consumers to compare Medicare procedure costs across different clinical settings. The tool reveals national averages for what Medicare pays for certain procedures that are performed in both hospital outpatient departments and ambulatory surgical centers, along with the national average copayment amount a beneficiary with no supplemental insurance would pay the provider. “[P]rice transparency in health care is a priority for the Trump Administration,” CMS Administrator Seema Verma said in a statement announcing the tool.