Thirteen Minnesota hospital systems reported a bad-debt increase of $ 15 million between 2013 and 2014 even as charity care costs - reported by 10 hospital systems - fell by about $ 37 million in the same period, according to an analysis by the Minneapolis Star Tribune. Collection & Credit Risk
Hospitals will save $ 5.7 billion in uncompensated care costs this year because of the Affordable Care Act, with those found in states that have expanded Medicaid projected to save the bulk of the total, according to a report from the Department of Health and Human Services. Collection & Credit Risk
We’ve heard a lot of stories about vulnerable adults falling prey to con artists, family members, fiduciaries, and professional advisers who steal their nest eggs and threaten their financial security. A son steals $ 315,000 from his elderly mother’s retirement accounts and frequents casinos. When he doesn’t pay his mother’s rent, she’s evicted from her [...]
