Financial Aid

Haugh, Richard
November 2006
H&HN: Hospitals & Health Networks;Nov2006, Vol. 80 Issue 11, p18
Trade Publication
The article reveals that higher deductibles and co-payments, driven by rising health insurance premiums, mean patients are being asked up front to shoulder a bigger portion of their bill. According to finance experts, self-pay accounts represent 15 percent to 20 percent of a providers total receivables, but only 2 percent to 5 percent of net revenue. Hospitals are experimenting with a variety of consumer-friendly ways to help patients finance their account balances.


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