3 ms·
Whats going on the hospital is charging $12K for maybe 1 hour of actual time spent with the patient. Unless most of that $12K is used to cover the non-paying cu
by wehadfun 9y ago
Whats going on the hospital is charging $12K for maybe 1 hour of actual time spent with the patient. Unless most of that $12K is used to cover the non-paying customers I don't understand how it could cost the hospital that kind of money to provide the care.
I bet over half that money went to people who probably never steeped foot in the hospital much less actually provide care.
- jws 9y agoUnless most of that $12K is used to cover the non-paying customers… The industry term is uncompensated care. It is currently at its lowest levels in decades, about 4.2%.† I suspect the ACA has something to do with that, so we might expect to see the uncompensated care rise in the coming years as enrollment in insurance shrinks. ␄ † http://www.healthcarefinancenews.com/news/uncompensated-care-costs-lowest-level-26-years-roughly-36-billion http://www.healthcarefinancenews.com/news/uncompensated-care...