Hospitals To Auction Patients’ Unpaid Bill Accounts Online
Some hospitals have begun auctioning patients' debt online to recoup unpaid medical bills. Debt collection agencies and other firms bid in online auctions to purchase the debt or provide guaranteed payments to gain access to the unpaid accounts. Consumer groups say the new tactic could put more pressure on patients with unpaid bills.
- "Hospitals Put Patients' Debt Up for Auction" (Rubenstein, Wall Street Journal, 6/3).