Hospital System Owner HCA Used Aggressive Billing Tactics to Financially Thrive

Nashville, Tenn.-based Healthcare giant HCA managed to thrive during the economic recession due to its successful financial model, which included aggressive billing, according to The New York Times.

Advertisement

HCA, which owns 163 hospitals from New Hampshire to California, emerged as a leader in the hospital industry by also reducing emergency room overcrowding and expenses and reducing the cost of the medical staff.

In 2008, HCA also changed its billing codes for sick and injured patients in the ER, increasing the number of patients paid for at higher levels by Medicare.

More Articles on Coding, Billing and Collections:
Mass. Governor Weighs Ambulance Payment Bill
10 Tools to Bring to an ‘Evidence-Based’ ASC Payor Contract Negotiation
States May Decide Whether to Expand Medicaid Programs, CMS Says

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.