May 15, 2009 | Coding, Billing, and Collections, Laboratory Pathology
When it comes to quoting accurate prices in advance to patients, hospitals are finding themselves caught in a double bind. On one hand, Medicare and some large insurers require hospitals to provide cost estimates for non-emergency procedures. That helps patients know in advance how much they will have to pay out-of-pocket. On the other hand, growing numbers of consumers want precise estimates of their care-in advance of their hospitalization. Medicare and private payer requirements for...
