Tag:
bad debt
Latest Headlines
Latest Headlines
Medical groups become more aggressive with patient debt collections
Many physicians and medical groups are aggressive in the way they collect debts from their patients, who also struggle with rising out-of-pocket costs, Kaiser Health News reported.
Small MS health system must write down $88 million in patient debt
The two-hospital Singing River Health System, which serves the tiny Mississippi communities of Pascagoula and Ocean Springs, has an outsized amount of uncollected patient debt: $88 million.
Build in cost discussion to manage high deductibles
Many patients newly insured under the Affordable Care Act carry policies with high deductibles, which brings upfront collections and price transparency issues center stage.
AHA: Hospitals provided $45.9B in uncompensated care
U.S. hospitals provided $45.9 billion in uncompensated care in 2012, according to the American Hospital Association, which published data on uncompensated care costs from hospitals across the country.
Hospitals seek patient collection strategies: Cash upfront, payment plans
Hospitals and physician groups--expecting a rise in the number of patients with high-deductible health insurance plans--are coming up with strategies to ensure they receive payment f or providing services for scheduled or elective surgeries. Among the most popular options: Collecting cash upfront and enrolling patients in payment plans, accordi ng to the Chicago Tribune.
Fitch: Hospital bad debt could moderate under ACA
Bad debt expenses for for-profit hospitals, which grew considerably during the Great Recession, have not receded during the economic recovery and Fitch Ratings Service isn't sure the Affordable Care Act will make much of a difference.
High-deductible plans increase bad debt, hospitals say
The growing popularity of high-deductible insurance plans is leaving more hospitals stuck with unpaid bills, Kaiser Health News reported.
Hospital uncompensated care costs stable--for now
U.S. hospitals provided $41.1 billion in uncompensated care in 2011, according to the American Hospital Association's latest annual survey.
Successful practices look past the balance sheet
Deb Beaulieu The Medical Group Management Association (MGMA) last week released its latest report on the traits that make for a successful practice. For the study, MGMA identified 549
Physicians, patients grappling with financial woes
Physicians are surely feeling the pain of patients' inability to pay their medical bills. Take Dr. Dan Buerger, a surgeon at Pittsburgh Oculoplastic Associates Ltd. Thanks to a struggling economy and
