Bad Debt Rises at Minnesota’s Hospitals; Charity Care Falls

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

By |2015-03-25T04:16:36-05:00March 25th, 2015|FCRA|Comments Off on Bad Debt Rises at Minnesota’s Hospitals; Charity Care Falls

Hospitals Offer Interest-Free Payments to Reduce Debt

Charlotte, N.C.-area hospitals have started offering multiyear interest-free payment plans to help reduce the number of outstanding bills as consumers pay more out-of-pocket medical costs. Collection & Credit Risk

By |2015-01-08T23:09:35-06:00January 8th, 2015|FDCPA|Comments Off on Hospitals Offer Interest-Free Payments to Reduce Debt

Affordable Care Act Reduces Hospitals’ Unpaid Bills

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

By |2014-09-27T11:26:35-05:00September 27th, 2014|FCRA|Comments Off on Affordable Care Act Reduces Hospitals’ Unpaid Bills

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