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While hospital liens are a legal last resort to recover unpaid bills, critics argue they are ethically questionable, especially for financially struggling patients.
Hospital exterior, representing Prospect Medical's financial struggles with $400M debt and potential clinic closures.
Bankruptcy comes days after scathing Senate report on private equity impact on hospitals. ... CBS News has reported on a series of financial moves the company took to issue leadership a $457 ...
This has medical consequences for the people served by the hospitals, and it has financial consequences for the hospitals. Health and social systems across the globe are struggling to cope. The situation is especially challenging in humanitarian, fragile and low-income country contexts, where health and social systems are already weak.
The measures drove hospitals in the most populous U.S. state close to bankruptcy, costing them as much as $14 billion and forcing them to lay off of thousands of health care workers, according to ...
Many hospitals had fewer nurses, respiratory therapists, and doctors than early in 2021 during a surge. [17] Likewise, New Mexico was close to declaring crisis standards of care after it had to impose waiting lists for its ICU. [17] Hospital officials feel that nurses are exhausted and frustrated from working overtime.
In the U.S., the Emergency Medical Treatment and Active Labor Act requires that hospitals treat all patients in need of emergency medical care without considering patients' ability to pay for service. [27] This government mandated care places a cost burden on medical providers, as critically ill patients lacking financial resources must be treated.
At 4.8%, it was the only Cincinnati area hospital to exceed the 2.3% national median index, as calculated by financial firm Kaufman Hall in its National Hospital Flash Report. St. St.