The cost of uncompensated care – the sum of a hospital’s bad debt and charity care – has been steeply rising since 2000. The American Hospital Association (AHA) states uncompensated care cost U.S. hospitals a total of $45.9 billion in 2012 and accounts for 6.1% of total expenses. Despite hospitals’ comprehensive internal processes, numerous accounts continue to be relegated to self-pay or uncollectable status when no insurance coverage can be verified. Many of the reasons for unverifiable insurance coverage are beyond the hospital’s control.
Discover what hundreds of hospitals are doing to ‘Capture the Lost Dollar’ and find out how you can help reduce your uncompensated care and improve internal processes.