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Hospitals struggle with collection rates amid increase in patient out-of-pocket costs, data show

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Hospitals struggle with collection rates amid increase in patient out-of-pocket costs, data show

Written by Kelly Gooch | December 01, 2016 |

Patients continue to take on more financial responsibility for their care due to more people participating in high-deductible health plans, as well as those who are gaining insurance coverage through the ACA. However, healthcare providers often struggle with collection rates as they try to adapt to increasing patient responsibility amounts for insured self-pay co-pays and deductibles, according to the third-quarter 2016 edition of Crowe Horwath LLP’s hospital benchmarking data.

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