The Costly Impact of Bad Debt
The national average for a hospital's bad debt was 2% of annual gross charges in 2017.
$595 billion of outstanding accounts receivable were placed for collections in 2016.
43 million Americans with past-due medical debt account for some $75 billion in unpaid fees.
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About Dorado Recover
Even in the best-managed hospitals, bad debt quickly turns profit into loss. Too often, uncompensated care goes into a financial black hole with limited prospects for recovery.
Dorado Recover mines your data to uncover unpaid claims that can — and should — be reimbursed by public or private insurance.
It’s a proven program, backed by a professional client services team, that has delivered millions of dollars in recovered revenue that otherwise would have been written off as bad debt.
Dorado has a top-notch, professional client services team that understands our complex needs. I have found Recover to be a cost-effective product that continues to provide us with measurable increase to our net revenues, in addition to operational savings from the gains made through process efficiency.
Infographic: Hospital Bad Debt is a Challenge
While bad debt is universal, some regions and types of hospitals are particularly prone to it. Check out the following infographic to see more about how geographic location, bed size, Medicaid expansion, and hospital type affect bad debt.