Pricing Transparency requirements will for the first time expose a hospital’s negotiated rates for services allowing patients, competitors, and payers to compare pricing and shop for services. Starting January 1, 2021, CMS will require all hospitals to provide an electronic version of their chargemaster (CMD) as well as a list of 300 shoppable services to be posted on its website. This requirement will include a list of gross charges, negotiated charges, a self-pay “walk-in rate” and a minimum and maximum negotiated charge for all services in the hospital CDM. It also defines a list of 300 shoppable services that must be made publicly available in a searchable, consumer-friendly format. The rule is designed to enhance the ability of patients to shop for healthcare and make fully informed decisions using price of a good or service in advance.