CEOs say patient deposits improve cash flow.
CEOs say it makes good business sense to require patients to make cash deposits toward their bills prior to admission, because improved cash flow is vital to financially strapped hospitals. But hospitals that require cash deposits should also be aware of the sensitive public relations issues involved, experts caution.
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D001291:Attitude of Health Personnel; D003669:Deductibles and Coinsurance; D005377:Financial Management, Hospital / Q000639:trends*; D005382:Financing, Personal / Q000639:trends*; D015285:Hospital-Patient Relations; D010350:Patient Credit and Collection / Q000639:trends*; D014481:United States