They see bad debt rising. With 72 million people struggling to pay health bills, providers may be in for nasty weather as those figures are predicted to rise.
With the economy appearing to be in a recession, healthcare providers are expecting more bad debt coming their way. "We're not a financial institution and not in the business of financing the provision of care," says Neil Bertrand, chief financial officer for Longmont (Colo.) United Hospital.
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D005102:Health Expenditures; D006282:Health Personnel / Q000191:economics*; D010350:Patient Credit and Collection / Q000191:economics / Q000639:trends*; D014481:United States