Go figure.

Price transparency is a basic economic principle that can encourage fair competition and drive down costs, just ask Mark Cuban. Here is a cross-sectional analysis of commercial payer-negotiated prices of surgical and radiation treatments for breast cancer at the 63 NCI-designated cancer centers. The first finding of note is that, despite a CMS-mandate to disclose all private payer price negotiations in place since January 2021, less than one in four centers provided disclosed pricing for any breast cancer service. We’d like to delve into the breadth of discrepancy in pricing available for review, but words escape us. A review of table 1 best describes the absurdity of the current climate, where one center lists a charge of $23 for a radiation therapy service while another lists $124,900 for the same. The bottom line here is, when the vast majority of centers continue to ignore CMS mandates for pricing transparency and the rest still make it nearly impossible for consumers to decipher, absurdity prevails. | Mathew, Ann Surg Oncol 2022

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