Cash before chemo: Hospitals get tough
Wall Street Journal (subscription required), April 28, 2008
To improve their finances, many hospitals are adopting a policy that makes medical care contingent on upfront payments. Providers are pointing to their burgeoning bad-debt and charity-care costs as reasons for the change. Hospitals also have turned to the practice because of a spike in patients who don't pay their bills: Uncompensated care cost the hospital industry $31.2 billion in 2006, up 44% from $21.6 billion in 2000.
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- Carondelet to Pay $35M to Settle Fraud Allegations
- 3 Traits Personality Assessments Can't Reveal
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- CA Powers Up $80M HIE to 'Create Value in the Data'