Quote:
Originally Posted by Mutt
I still don't get it - if they're targeting the uninsured with inflated prices it makes no sense, they know they can't blood from a stone and will never collect much.
and grapesoda says the opposite, that they give the insured a big discount.
so is anybody actually paying these 200K bills we hear so much about?
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Probably more of an accounting maneuver. They can put the debt on the books which pumps up their receivables. Gives them more borrowing power at the bank when they want to put on an addition or go out an buy up some smaller clinics. As long as they can collect something every 90 days the bank doesn't look at it like it's uncollectable.