Massachusetts Hospital Price Transparency
Monte Nido is committed to a robust compliance program and meeting all applicable laws, including federal and state hospital price transparency regulations. These regulations, enforced by the Centers for Medicare & Medicaid Services ("CMS"), are intended to assist hospital patients in making informed choices about their care. As such, we provide the required pricing information for Monte Nido Walden, our licensed hospital in Dedham, Massachusetts, which has a hospital license from the Commonwealth of Massachusetts. Other Monte Nido locations are not as licensed hospitals and are not subject to these specific CMS requirements, so similar pricing information is not provided for those locations.
What information is provided?
Monte Nido has provided information regarding the costs of daily inpatient services. The chart below provides an overview of Monte Nido in Dedham’s standard rates along with negotiated rates with certain insurers. Please note that rates may change from time to time and from patient to patient due to contractual relationships with commercial insurers. We anticipate updating this information on an annual basis. For questions regarding pricing, please contact MNManagedCare@montenido.com.
Consumer-Friendly Published Rate
Monte Nido Walden offers patients psychiatric inpatient hospitalization services. The inpatient services are offered in accordance with an individualized program of treatment or diagnosis developed by a physician in conjunction with staff members of appropriate other disciplines on the basis of a patient’s needs (Revenue Code 0124). In accordance with CMS requirements, we have published our standard daily rate along with certain negotiated rates with payors.
Monte Nido Walden offers patients only the singular inpatient hospitalization service and we have provided the standard rate and negotiated rates associated with this service. Therefore, Monte Nido Walden does not provide maintain a list of other shoppable services or an estimator beyond the rates associated with the per diem hospitalization rate.
Monte Nido Walden offers patients only the singular inpatient hospitalization service and we have provided the standard rate and negotiated rates associated with this service. Therefore, Monte Nido Walden does not provide maintain a list of other shoppable services or an estimator beyond the rates associated with the per diem hospitalization rate.
Assistance Available
Monte Nido Walden wants to ensure that patients are able to access the care they need. As such, prospective patients can contact MNManagedCare@montenido.com to find out about financial assistance. Monte Nido Walden does not offer a specific discounted cash payment rate.
Consumer Friendly Rates
Rates associated with Psychiatric Inpatient Hospitalization Services (Revenue Code 0124):
- Standard Charge (per day): $3,800
- Minimum Negotiated Charge (per day): $770
- Maximum Negotiated Charge (per day): $1,622
Monte Nido Walden also maintains relationships certain third-party payors that offer negotiated per diem rates. To encourage price transparency, we have published the negotiated rates in the chart below for our psychiatric inpatient hospitalization.
Monte Nido Walden Negotiated Payer Rates
* CMS requires hospitals to publish 70 identified shoppable services. Monte Nido Walden does not offer 70 services. Therefore, we have published our standard rates in compliance with CMS requirements. A list of the full 70 services can be found here.
Pursuant to CMS regulations, Monte Nido has provided a machine-readable file and csv file that reflects the information provided in the chart. Please click the link below to access the information.
Why is this information not provided for non-hospital locations?
At Monte Nido, we strive to be transparent and helpful regarding the costs of care. However, we do not provide the same online pricing information for our non-hospital locations because the costs for services at these sites can vary significantly based on regional requirements, differences among commercial insurers, and the specific services offered at each location. Additionally, insurance contracts and reimbursement rates may differ from state to state and even from one location to another, making it challenging to maintain a single, accurate, and up-to-date online resource for all non-hospital locations. As such, the personalized care can vary significantly from patient to patient. The administrative cost of maintaining such comprehensive and frequently changing information online would ultimately need to be passed on to consumers, which we strive to avoid.
Please be assured that we fully comply with all applicable state billing regulations and the federal No Surprises Act. If you are seeking a personalized estimate for services at a non-hospital location, your local office will be happy to provide you with detailed and individualized pricing information upon request.