Aurora Health Care to raise rates in 2017

Milwaukee-based Aurora Health Care will raise its hospital prices by 4.5 percent in 2017, according to the Milwaukee Business Journal.

Advertisement

That increase is slightly less than the 4.9 percent rate hike the system implemented each of the past two years, according to the report.

Aurora CFO Gail Hanson told the Milwaukee Business Journal the price increase will help offset the high levels of uncompensated care, charity care and bad debt the system faces.

“This modest increase will help us continue to provide high-quality, cost-efficient healthcare to people in eastern Wisconsin,” Ms. Hanson told the Milwaukee Business Journal.

Aurora is not the only system in Wisconsin raising rates next year. Rochester, Minn.-based Mayo Clinic Health System will increase prices at its hospitals in northwest Wisconsin by 4 percent in 2017.

More articles on healthcare finance:

Moody’s: NJ hospitals face credit pressure from M&A, reduced subsidies
Northwell releases 37-point rescue plan for Brooklyn hospitals
15 must-reads for hospital CFOs

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.