News Headlines Article

Why more than half of hospital bills don’t get paid
ABC News

Hospitals and medical practices share a growing problem with those they treat: Patients aren’t paying their bills.

Working people are on the hook for an increasingly large portion of the cost of their care, as insurance policies pay for less. It’s a trend that is not reversing — and it’s causing financial distress for families and CEOs alike.

In health care, the billing process is called revenue cycle management. It’s a complex system of diagnostic codes, services, insurance benefit analysis, billing departments and software.