The U.S. healthcare industrial giant is a beast that even Christopher Nolan’s Odysseus would struggle to slay. The multi-tentacled monster — consisting of large hospital systems, insurance conglomerates, and medicine gatekeepers — grows ever larger by the year as Washington feeds it taxpayer dollars. Congress finally seems ready to begin taming it.

The weapon of choice: transparency.

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Before departing Washington for the August recess, committees in both the House and Senate advanced legislation to shine more light on hospital prices. If successful, the proposals will extend existing cost disclosure standards to even more routine medical services — turning what are often hidden pricing schemes into an easily understood menu of........

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