Maryland legislation seeks to limit hospital interest rates
State regulators say they want to bar Maryland hospitals from adding interest on unpaid bills at twice the rate allowed for other types of debts under the state constitution. Stephen Ports, principal deputy director of the Health Services Cost Review Commission, told the Senate Finance Committee that the agency's power to regulate hospitals could extend to how much the debt-collections firms they hire can charge in interest before a court judgment is entered against a patient who doesn't pay a bill. But Sen. Delores G. Kelley questioned whether the regulations would extend beyond hospitals to a "third party" such as a collection agency or a law firm.
- Senators Hear How Two-Midnight Rule Harms Patients, Hospitals
- 3 Management Lessons from a Supermarket Debacle
- Handshaking Spreads Germs. Get Over It.
- Healthcare Costs Start With What We Eat
- Medicare Advantage Carriers See 'No Choice' But to Accept Cuts
- IOM Identifies GME Problems, Calls for Finance Changes
- Hospitals Likely to Outsource ICD-10 at Launch
- Revenue Cycles Get a Boost from Simple JPEG Files
- Anatomy of 3 Health System Rebranding Efforts
- Physicians to Appeal 'Docs v. Glocks' Ruling in FL