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Market
Changes in hospital financial policies by end of 2024
5
United States•Americans•Heather Miconi•Miconi•Merritt Island Surgery Center•Florida•The Wall Street Journal
Resolution / Starting Odds
More stringent payment policies • 33%
More flexible payment options • 33%
Introduction of new financing options • 33%
Financial reports from hospitals or healthcare industry analysis
Story
U.S. Hospitals Require $2,000 Upfront at Merritt Island for Surgeries
May 9, 2024, 10:31 PM
A growing trend among hospitals and surgery centers across the United States is the requirement for patients to pay upfront for medical treatments, including surgeries and other procedures. This policy is forcing many Americans, like Heather Miconi, to scramble for funds to cover the costs of essential health services. Miconi is currently trying to gather $2,000 for her daughter's adenoid and tonsil surgery at Merritt Island Surgery Center in Florida, as she has been told the procedure will be delayed without upfront payment. Nearly a quarter of patient payments to hospitals are now made before treatment, impacting even pregnant patients. The Wall Street Journal highlights that this practice aims to avoid the difficulties of collecting payments after treatments but has raised concerns about access to necessary medical care. Hospitals are also not accepting checks, only credit card payments.
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Increase in funding/resources • 33%
Decrease in funding/resources • 33%
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Below 9% • 25%
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Increased difficulty in reporting • 33%
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Increased funding • 33%
Maintained current funding • 33%
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Increase in loan limits • 33%
Reduction in down payment requirements • 33%
Modification of eligibility criteria • 33%
Stricter guidelines • 33%
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Increase in closures of nursing homes • 25%
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New staffing policy • 33%
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Hiring of new cybersecurity personnel • 25%
Investment in new cybersecurity software • 25%
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