Medicare currently reimburses hospitals for 65% of bad debts written off on Medicare patients, copayments, and deductibles.
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Medicare currently reimburses hospitals for 65% of bad debts written off on Medicare patients, copayments, and deductibles. If a hospital had $1,000,000 in Medicare deductibles and copayments, what amount might Medicare pay for its bad debts if 15% of the total will remain uncollectable?
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Related Book For
Essentials Of Health Care Finance
ISBN: 9781284094633
8th Edition
Authors: William O. Cleverley, James O. Cleverley
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