The "Hospital Price Transparency Act" mandates that hospitals in Wyoming disclose prices for medical items and services, ensuring that this information is publicly accessible. Hospitals are required to maintain a list of standard charges for at least 300 shoppable services, which must be available on their websites in a machine-readable format. The Department of Health is tasked with monitoring compliance and enforcing the provisions of the act, which includes the ability to impose civil penalties for noncompliance. The act also outlines definitions for various terms related to hospital pricing, such as "gross charge," "discounted cash price," and "shoppable service."

Additionally, the bill amends existing law to allow the Department of Health to impose conditions on a hospital's license if it violates any provisions of the new act. The act will take effect on July 1, 2026, with certain sections becoming effective immediately upon the bill's passage. The Department of Health is also required to propose recommendations for future legislative amendments in response to changes from the Centers for Medicare and Medicaid Services.

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