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CMS proposes penalty increase for hospitals that fail to comply with price transparency rule

The Centers for Medicare and Medicaid Services is proposing to increase the penalty for hospitals that do not comply with the Hospital Price Transparency final rule.   CMS wants to set a minimum civil monetary penalty of $300 per day for smaller hospitals that have a bed count of 30 or fewer and apply a penalty of $10/bed/day for hospitals with a bed count greater than 30, not to exceed a maximum daily dollar amount of $5,500.  

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