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Princeton Community Hospital Asks for 6.75% Rate Increase for Outpatient Discharges
The administration of Princeton (W.V.) Community Hospital has filed a request with the West Virginia Health Care Authority to revise its rate schedule to reflect a 6.75 percent increase in the average charge for outpatient discharges, according to a Bluefield Daily Telegraph report.
On April 27, PCH filed the request for a change in its current rate schedule, asking for a 6.75 percent increase for project actual average charge per outpatient visit, increasing the average charge from $786.95 to $840.07.
Frank Sinicrope, PHC chief financial officer, explained the Health Care Authority requires hospitals to make either a "standard" or a "benchmark" rate increase request. He said the hospital has one of the lower charge-per-discharge rates in the state.
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On April 27, PCH filed the request for a change in its current rate schedule, asking for a 6.75 percent increase for project actual average charge per outpatient visit, increasing the average charge from $786.95 to $840.07.
Frank Sinicrope, PHC chief financial officer, explained the Health Care Authority requires hospitals to make either a "standard" or a "benchmark" rate increase request. He said the hospital has one of the lower charge-per-discharge rates in the state.
Related Articles on Coding, Billing and Collections:
MedBridge Announces Reorganization of Management Team
7 Reasons for Claim Denials in Surgery Centers -- and How to Fix the Problem
HHS Issues $100,000 Fine to Small Phoenix Practice, Warning to Physicians
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