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by Kon-Peki
895 days ago
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Yes, very good point. However... The linked report states: > And as sudden operational cost pressures (including nursing shortages and higher wages) frustrate hospital financial leaders, an inability to collect all expected revenue further challenges razor-thin operating margins. > This increase creates new challenges for providers to collect higher balances that are more difficult for patients to pay either prior to services or during the typical 120-day collection window after the insurance balance has been resolved. I think they are being intentionally vague here. Are they saying they're having trouble collecting the money within the 120-day window (so their quarterly reports aren't screwed), or ever? I feel like they want you to believe that it is the latter, when in fact it is the former. |
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