BKD CPAs & Advisors is a top-tier U.S. CPA and advisory firm that helps people and businesses realize their goals. We have 40 offices in 18 states, with approximately 3,000 dedicated professionals who offer solutions for clients in all 50 states and internationally.
To better serve clients, BKD National Health Care Group has expanded its Health Care Performance Advisory Services (HCPAS) offerings to include services to aid and guide providers as they navigate the final rule on price transparency published by CMS in November 2019.
The new requirements call for hospitals to implement a more transparent pricing strategy for items and services provided to patients. While hospitals and health systems have until January 1, 2021, to meet the requirements in CMS’ final rule, it’s crucial that they start evaluating how they’ll collect and report on the required elements.
BKD’s price transparency services include conducting a readiness assessment, regulatory requirement assistance, transparent pricing strategies and consumer price estimation readiness. With these solutions, BKD’s experienced HCPAS professionals can assist health care providers in meeting CMS’ requirements, as well as evaluating and establishing pricing that’s rational, transparent and defensible while assessing the effect of price changes on the bottom line.
Our clients represent a wide range of industries, so the expertise we provide goes well beyond the standard accounting services to include risk management, technology, wealth management and forensic and valuation services.
500 N. Capital of Texas Highway
Building 4-100
Austin, TX 78746-3401 USA
