Thursday, April 30, 2009

The economics of the local hospital

From "Healthbeat," published by the Jasper County Hospital:
"Forty-five to forty-eight percent of our patients are Medicare; eleven to thirteen percent are Medicaid; about fifteen percent are private insurance and twenty-nine to thirty-four percent are self-pay or indigent. Our costs, not what we bill, are adequately reimbursed by Medicare and insurance. Reimbursement for providing indigent care, including Medicaid short falls, fell well below our costs to provide care."

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