Thursday, June 21, 2012

TEXT-Fitch: changes in hospitals' bad debt reporting improve disclosure

Link to Fitch Ratings' Report: For-Profit Hospital Insights: Fitch's Annual
Review of Bad Debt Accounting Policies and PracticesJune 21 - High levels of uncompensated care for hospitals have not abated
during the weak economic recovery. This is due to elevated unemployment, more
uninsured patients and increasing patient responsibility for health care costs.
Elevated levels of uncompensated care highlight the need for close scrutiny of
bad debt accounting methodologies, according to Fitch Ratings

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