They see bad debt rising. With 72 million people struggling to pay health bills, providers may be in for nasty weather as those figures are predicted to rise
Evans, M.
Modern Healthcare 38(44): 6-7 16 1
2008
ISSN/ISBN: 0160-7480 PMID: 19230099 Document Number: 621511
With the economy appearing to be in a recession, healthcare providers are expecting more bad debt coming their way. "We're not a financial institution and not in the business of financing the provision of care," says Neil Bertrand, chief financial officer for Longmont (Colo.) United Hospital.
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