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Hospitals ill from more bad debt, credit troubles

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    #1

    Hospitals ill from more bad debt, credit troubles

    http://news.moneycentral.msn.com/printarticle.aspx?feed=AP&date=20081227&id=9476162


    A portion of this article appeared in our local paper as it affects one of the largest teaching hospitals in the North Florida area. This is the entire article as found on news.moneycentral.msn.com.

    Hospitals ill from more bad debt, credit troubles
    By Linda A. Johnson

    December 27, 2008 9:31 PM ET
    Last edited by HRx; 12-31-2008, 03:29 PM. Reason: Correct the URL for MSN Money.
    "To go bravely forward is to invite a miracle."

    "Worry is the darkroom where negatives are formed."
    Tags: None
    #2
    Yep, the price of your health just went through the roof...

    Check your vaccine records..Maybe dose it up this year, could be a nasty flu season...

    Comment

      #3
      Many of the hospital in Massachusetts have had one or more layoffs this year and anticipate more in '09 because of significant decrease in patient volume, increased free care/bad debt, and low payor reimbursements. Because of high unemployment hospital's will continue to hurt because many people will be forgoing health care and those many of those who do seek health care will be unisured resulting in free care and bad debt.
      The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.

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