23 Aug ANY ISSUES WITH PRIOR HCA HEALTHCARE FRAUD CASES? WHAT ABOUT THE HISTORY OF HCA HEALTHCARE OVERCHARGING?
The Columbia challenges are from more than twenty years ago and before the 1997 return of HCA Healthcare’s founder as Chairman and CEO. HCA Healthcare is a different company now and celebrates nine consecutive years as one of the “World’s Most Ethical Companies” as designated by Ethisphere, the global leader in advancing the standards of ethical business practices.
While HCA has a process for determining appropriate charges that is based on the cost of providing care in a particular community, the broader industry issue of hospital charges and patient billing can be confusing. What is important to remember is that the amount patients actually pay for hospital services has more to do with the type of insurance coverage they have than the amounts listed on a hospital’s chargemaster. Government programs like Medicare and Medicaid determine how much they reimburse hospitals, and commercial insurance plans negotiate rates.
Uninsured patients are eligible for free care through HCA’s generous charity care program or receive uninsured discounts, which are similar to those a commercial insurance plan receives.