Colorado hospitals are required to post self-pay prices for the most common procedures and treatments they offer under a state law that took effect Jan. 1.
Here are three things to know about the new law.
1. The new law requires hospitals to post self-pay prices online for the 50 most used diagnosis-related group codes and the 25 most used current procedural technology billing codes, according to the Denver Business Journal.
2. Hospitals must post the prices on their websites. If a hospital does not have a website, it must provide a one-page document with the price estimates to patients, a spokeswoman for the Colorado Hospital Association told Colorado Public Radio.
3. The new law requires physician offices to post the prices for their 15 most common procedures, according to the Denver Business Journal.
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