Hospitals - Price Transparency - Requirements and Fund

HB 547 requires Maryland hospitals to publicly list standard charges for common services patients can schedule in advance (like surgeries or imaging), starting in 2025. Hospitals must include at least 400 services until 2029, then 500, in machine-readable and plain-language formats. The bill also prohibits hospitals from selling patient data collected through price estimators and establishes a new Hospital Price Transparency Fund to support these efforts. This directly affects all hospitals in Maryland by mandating clearer pricing and data privacy practices.