Average reimbursement rate for large hospitals, by region
Large hospitals — those with between 250 and 400 beds — in the Midwest have a higher average reimbursement rate than large hospitals in any other U.S. geographic region, according to RelayHealth Financial's Revenue Cycle Index.
For the index, reimbursement rate is defined as the percent of total charges that can be collected, excluding self-pay patients. The data used for the comparison is based on internal McKesson data.
Here are the average reimbursement rates for large hospitals, organized by geographic region, according to the Revenue Cycle Index.
- Midwest — 29.88 percent
- Pacific — 27.51 percent
- South Central — 27.14 percent
- Mountain — 25.36 percent
- Northeast — 25.31 percent
- Southeast — 24.48 percent
- Northern Plains — 21.43 percent
- Southern Plains — 20.97 percent
RelayHealth's Revenue Cycle Index can be accessed here.
More articles on healthcare finance:
5 hospital bankruptcies, closures so far in 2017
Moody's: GOP's American Health Care Act is credit negative for nonprofit hospitals
HHS says it can't eliminate Medicare appeals backlog by the end of 2020
© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.