Tracking Life Cycle Of A Medical Bill Reveals Astronomical Price Tag Just For Collecting Payments
Researchers broke down the expensive steps that go into processing a medical bill.
Los Angeles Times:
The U.S. Healthcare System Needs More Skills For Paying Bills, Study Shows
Healthcare in the United States is really expensive, and one of the reasons is that managing healthcare bills is really, really expensive. Just how expensive? At one large academic medical center, the cost of collecting payments for a single primary-care doctor is upward of $99,000 a year. And billing for primary-care visits is a bargain compared with billing for trips to the emergency room, a hospital stay or a surgical procedure, according to a report published Tuesday in the Journal of the American Medical Assn. (Kaplan, 2/20)