Monday, March 23, 2015

U.S. hospitals' uncompensated care fell by $7.4 billion in 2014: government

By Yasmeen Abutaleb NEW YORK (Reuters) - The costs of caring for the uninsured at U.S. hospitals fell by an estimated $7.4 billion in 2014 due to the expansion of healthcare to millions of people under Obamacare, according to a government report released on Monday. In 2014, hospitals' uncompensated care costs were estimated at $27.3 billion. Most of the reduction came from the 28 states and Washington, D.C., which expanded Medicaid health coverage for the poor, with a reduction in uncompensated care of $5 billion and bad debt of $1.1 billion, according to the report. They saw a $2.4 billion reduction in uncompensated care and an $800 million drop in bad debt. March 23, 2015 at 01:14PM

via Lazahealth.org


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