Price Transparency
What is a hospital charge?
Federal reporting rules require hospitals to maintain a catalog of thousands of procedure codes, code descriptions and list prices in a complex accounting tool, known as the hospital chargemaster. The prices listed on the chargemaster do not reflect what patients will ultimately pay as insurance companies negotiate discounts on the list prices. In addition, co-pays, co-insurance and deductibles can also bring additional discounts before a final charge is determined.
Pricing List
To make medical pricing more transparent, all U.S. hospitals are required to provide the following pricing lists. The pricing is listed by the Current Procedural Terminology (CPT) code used by insurance companies. The lists are in a spreadsheet format.
These standard charges show preliminary charges for services and procedures performed at Cypress Pointe Surgical Hospital. It includes pricing for inpatients, referred to as Diagnosis Related Groups (DRGs) as well as pricing for outpatient services
