Debt Recovery a Growing Priority for Not-For-Profit Hospitals

Revenue growth is declining, in part, due to an increase in high-deductible health plans that leave patients with larger bills and hospitals with more bad debts. Expense growth continued to outpace revenue growth in the not-for-profit hospital sector in fiscal 2013, leading to tighter operating and cash flow margins, according Moody’s Investors Service preliminary financial ratio medians for the year.  This is consistent with the perspective of ACA members who operate in the health care debt collection market. <more>