Research Grants
Funding For:
Evaluating the Effectiveness of the Hospital Price Transparency Rule in Price Reduction
Cost & Quality
Recipient:
John X Jiang, Michigan State University
Grant Period:
Jan 01, 2024 - Dec 31, 2024
AMOUNT:
$55,232.00
Summary of the Project:
With US health care spending exceeding $4.3 trillion in 2021, understanding the nuances of hospital pricing in the wake of regulatory changes is critical for future policy interventions. This team will evaluate the impact of the Hospital Price Transparency Rule on hospital pricing strategies, focusing on 70 shoppable services. The study’s findings will offer insight into the rule's effectiveness in altering hospital pricing practices.