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That's a highly debated statistic. What they are not saying is that they're lumping insurance underpayment in with those figures. Also they ignore any cost recouping from debt collection.
Got it. Are ERs then a money losing proposition for hospitals? I've also heard that for whatever reason the cost of caregiving through an ER is higher than going to your doctor.
If you don't a somewhat related question. My mother in law recently spend two and a half weeks in the hospital for congestive heart failure and some related liver issues. No surgery or anything like that. Just a stay with nursing care and daily visits by several different doctors. When I got the bill from the hospital the bottom line figure was something like $198,000, though her insurer, Emblem, only paid something like $13,000. Is that 198,000 a "real number"? Is it what I would have had to have paid for her stay if she didn't have insurance? I know hospital stays are expensive but even accounting for the various doctor visits 10 grand a day seems a bit much.