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Hospitals View Lesser Uninsured Patients

Hospitals View Lesser Uninsured Patients

Hospital chains are now seeing a major decrease in the number of uninsured patient admissions as patients are unable to afford health care. Hospitals are thus chalking out solutions to counter this situation. This article discusses the scene.

Many financial analyzers are hoping that the hospitals register a greater number of uninsured patients getting admitted in this initial quarter, in the current phase of the economic slowdown of the nation. However, such expectations are not coming into reality, as statistical surveys prove that most of the hospitals are viewing a reduced number of uninsured patients getting admitted.

The financial analyzers have not given any idea about what will be the ultimate outcome of this crisis. But the steady reduction in the number of uninsured patients denotes the fact that those who are devoid of any health insurance coverage or have lost their coverage due to any reasons, are now suspending required health care services. The reason for this negligence among uninsured patients is obviously the huge cost of medical care services.

The HCA findings reveal a 0.1% four-monthly reduction in the number of uninsured patients visiting the hospitals in various regions of the nation. The uninsured patients find it difficult to afford the hospital care services. This has also resulted in the steady decline of the economy of almost all the hospitals.

In spite of the reduction in the rate of uninsured admissions, the HCA is expecting some positive results from other states of the country like Florida.

The HCA shareholders were seen be much enthusiastic after HCA's first phase results. This profit seeking hospital chain became much optimistic with the financial reports produced by Deutsche Bank, which reveals a 22% rise in stocks of the public hospital organizations. Just a year ago, this same association confronted a decline of 47% share value.

The nation's leading public hospital chains, the Community Health Systems of Franklin has reported that in the first quarter they have seen a 3% fall in the number of uninsured patients getting admitted in their hospitals. The next leading public hospital business chains, the Dallas-based Tenet Healthcare has reported a 4% drop in the number of uninsured admissions in their hospitals.

Now, in order to check the decline in the profit share, the hospital business chains are adopting various initiatives. They are now assisting more number of patients to register themselves for charity programs and even in federal-based health insurance coverage like Medicare and Medicaid.

Even HCA and some other hospital owners are now on process of gathering fees like patient deductibles, coinsurance and copayments. Hospitals are even offering care services to the patients for which they will not be reimbursed by the patients' health insurance programs.

Not only the city hospitals, but even those present in countryside and remote areas have also reported the lesser number of uninsured patients admissions.

The American Hospital Association conducted a survey throughout the country, in which it found that 6 of 10 hospitals have reported uninsured patients' admissions to their emergency wards.

However, many experts are of the opinion that the present circumstances are better when judged against the results obtained in the previous year, at the time of which most of the people of the country got suddenly laid-off, when recession first placed its foot.

The hospitals of Nashville region have reported that there is more or less increase in the number of uninsured patients' admission in their premises, despite of Tennessee's current 9.6% redundancy rate.

Even Vanderbilt University Medical Center has reported that 2,801 uninsured patients took admission at their hospital in the present year till now, whereas in the previous year 2,111 uninsured patients took admissions. This can be regarded as a slight improvement in the rate of uninsured admissions.

However, health care experts now fear about the future of the uninsured patients' health status, who is delaying medical care because of their poor incomes. Probably they may have to spend a lot for the treatment of their health disorders (when in later stages). They are now engaged in open discussions with the investors and hospital chains to find out effective ways of offering inexpensive treatment services for the uninsured patients.


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