Melanie Evans

speaker

153 appearances 2 recordings 1 series first heard Mar 2024 last heard May 2024

Melanie Evans’s voice in public audio — every appearance, attributed to the second.

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It costs them time and money to collect after the fact.

So if they can get it up front, they will.

In some cases, they may also have a contract with an insurance company.

And in that contract are terms that stipulate hospitals need to collect deductibles or coinsurance before a procedure.

No, but hospitals are collecting more from patients ahead of scheduled surgeries or visits.

So in the first quarter of this year, hospitals collected about 23%.

of what patients owed before they set foot in a hospital or a doctor's office.

And that's up from about 20% in the same period a year earlier.

And this is based on data from 1,800 hospitals across the United States analyzed by Kodiak Solutions, which is a

healthcare consulting company.

It costs them time and money to collect after the fact.

So if they can get it up front, they will.

In some cases, they may also have a contract with an insurance company.

And in that contract are terms that stipulate hospitals need to collect deductibles or coinsurance before a procedure.

That's correct.

As a patient, if I have insurance, I'm responsible for certain amounts that fall under my deductibles.

It's usually a fixed dollar amount.

It's like $3,000 or $6,000, where I'm responsible to pay all of that before my insurance really kicks in.

Once my insurance kicks in, I might also have something called coinsurance, where for any given visit, I pay a percentage of the bill.

What hospitals are trying to collect is the amount that patients owe.

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