would fair pricing and fair medical debt repayment plans increase yields to hospitals and simultaneously mitigate these controversies?
As the controversies over 501(c)(3) “charitable” hospitals’ pricing, collections, and charity care practices that emerged in the winter and spring of 2003 continue unabated–now involving government officials from city councils and county boards to state attorneys general and Congress as well as numerous class action lawsuits–a hospital valuation expert and risk analyst looks at the fundamental economic and strategic issues, concluding that the risk/return dynamics are out of whack in that hospitals are facing mushrooming, multifaceted troubles over what has been a very low net yield patient population. After interviewing patient account representatives at hospitals and conducting other research, this analyst asks: Should attention have been focused at the national and state hospital association levels in 2003 to take steps to increase the net yield to hospitals from the uninsured population through more equitable pricing and better medical debt repayment terms, steps that might have
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