Hospital or Banker?

Ponte, Michelle
July 2009
HealthLeaders Magazine;Jul2009, Vol. 12 Issue 7, p42
The article deals with the changes in the payment programs of U.S. hospitals and how they are dealing with the impact of the changes. Saint Vincent Health System offers interest-free payment plans to those who do not qualify for public assistance or uncompensated care. Automating the collections process is suggested so as to help patients move into charity care. It is proposed that more emphasis be placed on the management of guarantor and residual balances.


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