You are the CEO of Kind Heart Hospital, which is located in a low-income area and has spent millions of dollars over the years on charity care patients. Unfortunately, this has placed your hospital in a tough financial position, as the Medicare and Medicaid programs continue to reduce reimbursement for their patients and your mix of commercial insurance patients (or patients that pay more than your cost) continue to decline.
Discuss what you can do to continue to provide care to the needy, but reduce the amount of the loss.
Will national health reform laws help your reimbursement or hurt it?