Hospital’s Tax-Exempt Status Revoked for Lack of Community Health Needs Assessment
The IRS stated that a rural hospital had failed to conduct a proper community health needs assessment and make it widely available to the public. The hospital’s tax-exempt status under section 501(c)(3) was revoked retroactively.
Ask the Experts: Contractual Write-Offs
For internal reporting, can underpayments and contractual write-offs be included when reporting uncompensated care?
Bad Debt, Charity Care Contribute To Differences in Patient Revenue
Low margin hospitals may be receiving reduced payments from commercial insurance, which may contribute to their lower net patient revenues.
10 Critical Medicaid Trends to Watch
It is important for hospitals and health systems to forecast the impact of proposed healthcare legislation on Medicaid payments, eligibility teams, and patients.
Closing the Loop by Selling Bad Debt
The increase of deductibles and self-pay accounts have hospitals and health systems looking at the sale of bad debt as a way to increase income.
Ask the Experts: Self-Pay Accounts
Has anyone placed self-pay unpaid accounts with a third-party agency at day 90? If so, was it beneficial or detrimental?
Assessing the Impact of Medicaid Expansion
Medicaid expansion reduced the amount of hospital charity care in participating states, while charity care remained almost unchanged in non-participating states during the same time period.
Two New Revenue Cycle Models For Three Key External Challenges
Kent Ritter continues his discussion of how a healthcare organization might look to implement measures to improve its revenue cycle.
Bad Debt Expense Benchmarks
Bad debt becomes a difficulty as patients with high-deductible health plans struggle to pay their bills.
What happened to charity care in financial statements
Reporting charity care is an important means for healthcare organizations to communicate the benefits that they are providing to their communities.