ISSUE: Hospital bad debt, charity care grows
OUR VIEW: Understanding is not fixing the issue
The service has been provided. The bill has been sent. The payment is due. Then overdue. And, eventually, past due.
Anyone in a service business has seen that happen. But few businesses sustain $25 million in bad debt.
Hardin Memorial Hospital is experiencing ballooning bad debt, which is a byproduct, in part, of changing insurance practices.