Monday, 9 Jun 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • House
  • White
  • VIDEO
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Colossal
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Health and Wellness > Medical debt forgiveness could mean big paydays for hospitals
Health and Wellness

Medical debt forgiveness could mean big paydays for hospitals

Last updated: September 15, 2024 4:35 am
Share
Medical debt forgiveness could mean big paydays for hospitals
SHARE

Atrium Health, the largest health system in North Carolina, recently made a strategic decision that paid off handsomely. Initially uninterested in canceling its patients’ medical debt, the health system changed its tune when the state government offered billions of dollars in incentive payments.

While other health systems across the country have accepted mere cents on the dollar to cancel unpaid medical bills they likely wouldn’t have been able to collect on anyway, Atrium Health held out for a better deal. Cook County, Illinois, for example, is aiming to pay just one cent per dollar to cancel an estimated $1 billion of medical debt.

In North Carolina, Atrium Health’s persistence paid off. As part of the state’s new Medicaid expansion program, hospitals will now be reimbursed in full for erasing $4 billion in medical debt. This initiative utilizes federal funds and also includes certain requirements for hospitals to enhance their financial assistance programs for individuals with low incomes.

This article is part of STAT+, an exclusive subscription service that provides in-depth coverage of healthcare and life sciences news. Subscribers gain access to daily intelligence on Capitol Hill and the industry, among other benefits.

For unlimited access to award-winning journalism and exclusive events, consider subscribing to STAT+. Unlock this article and more by choosing from one of our individual or group subscription plans. View all available plans to find the one that best suits your needs.

By leveraging federal funds and implementing financial assistance requirements, North Carolina’s Medicaid expansion program is not only benefiting hospitals but also helping to alleviate the burden of medical debt for individuals in need. Atrium Health’s proactive approach serves as a prime example of how strategic decision-making can lead to positive outcomes in the healthcare industry.

See also  Why These Investment Firms Bet $400 Million On A Chinese Ozempic Rival
TAGGED:bigdebtforgivenessHospitalsMedicalpaydays
Share This Article
Twitter Email Copy Link Print
Previous Article Kent & Curwen Spring 2025 Ready-to-Wear Collection Kent & Curwen Spring 2025 Ready-to-Wear Collection
Next Article How To Watch the Premier League Live: Online, on TV & Abroad How To Watch the Premier League Live: Online, on TV & Abroad
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

As Banksy’s Animal Art Series Ends, Caretakers Grapple With How to Preserve His Murals

Banksy's Animal-Themed Murals in London: A Whimsical Series Comes to an End The streets of…

August 28, 2024

That weird call or text from a senator is probably an AI scam

In a recent alert issued by the FBI, a new scam involving text messages and…

May 16, 2025

Juicing may harm your health in just 3 days, study finds

Juicing has long been touted as a healthy way to cleanse the body and boost…

February 11, 2025

Will Shedeur Sanders start for the Browns? Exploring outlook of Coach Prime’s son in 2025

The Cleveland Browns made a surprising move in the 2025 NFL draft by selecting Shedeur…

May 2, 2025

Luigi Mangione’s Manifesto Could Shake Up Terror Charge, Defense Attorney Says

Luigi Mangione’s recent manifesto has caused quite a stir in the legal world, with many…

June 5, 2025

You Might Also Like

5 Ways Medicaid Supports Main Streets Across America
Health and Wellness

5 Ways Medicaid Supports Main Streets Across America

June 9, 2025
Blake Lively Stuns on Red Carpet After Big Legal Win Over Justin Baldoni
Entertainment

Blake Lively Stuns on Red Carpet After Big Legal Win Over Justin Baldoni

June 9, 2025
Secretary Of HHS Kennedy Fires Entire CDC’s Vaccine Advisory Committee
Health and Wellness

Secretary Of HHS Kennedy Fires Entire CDC’s Vaccine Advisory Committee

June 9, 2025
The One Big Beautiful Bill Will END Taxpayer-Funded Health Care for Illegals – The White House
The White House

The One Big Beautiful Bill Will END Taxpayer-Funded Health Care for Illegals – The White House

June 9, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?