The "Hospital Price Transparency Act" requires hospitals to publicly disclose pricing information for medical items and services, ensuring patients have access to clear and comprehensive pricing. Hospitals must maintain a public list of standard charges, including gross charges, minimum and maximum negotiated charges, and discounted cash prices, all available in a machine-readable format on their websites without requiring personal information or account creation. The Department of Health will monitor compliance, and facilities that do not adhere to these requirements may face civil penalties and must submit corrective action plans. Additionally, noncompliant facilities are prohibited from initiating collection actions against patients for debts incurred during noncompliance, allowing patients to contest such actions in court.

The bill also amends W.S. 35-2-905 to grant the division authority to impose conditions on licenses, including the installation of a division-approved monitor or manager at the owner's expense, and to take actions like suspending admissions or revoking licenses for violations of health and safety standards. The Department of Health is tasked with creating necessary rules for the act's implementation, which is set to take effect on July 1, 2025, except for certain sections that will take effect immediately upon completing legislative processes.

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