Be compliant with price transparency ruling in 2021

The Clock is Ticking to Meet Federal Mandates

In this interactive discussion, "Time is of the essence to meet 2021 price transparency mandates," Kyle Sherseth, nThrive vice president, Advisory Services, explored top challenges health care organizations face today related to price transparency, fielding questions from the audience on how to be compliant on January 1, 2021 – or potentially face costly fines.

During the session, attendees learned:

  • What the current price transparency rule requires health organizations to do by January 1, 2021
  • How the changes impact your Charge Description Master (CDM) structure
  • Why online estimating is optimal to meet the "Shoppable Services" requirement – and better meet patient needs

Presenter:

Kyle Sherseth

Vice President, Advisory Services, nThrive

Kyle Sherseth, CHFP, is vice president of Advisory Services at nThrive. In this role, Sherseth lends his reimbursement expertise to strategic pricing reviews that protect and improve client revenue, while increasing the defensibility of Charge Description Master (CDM) pricing. He offers over 10 years of experience in revenue cycle optimization, insurance reimbursement validation, and CDM management. Sherseth earned his Bachelor of Business Administration in Finance from the University of Georgia and is a Certified Healthcare Financial Professional (CHFP) through the Healthcare Financial Management Association (HFMA).

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