Under the new policy, uninsured patients are allowed to pay $25, $75 or $300 up front, depending on their level of poverty, and then make monthly payments on the balance owed for the elective procedure.
“The hospital’s policies created an insurmountable barrier for low-income patients to get surgeries, impacting their livelihoods and forcing them to suffer through worsening medical conditions,” said Sireesha Manne, healthcare attorney at the New Mexico Center on Law and Poverty. “We are grateful for the collaborative effort of community groups, patient navigators, and policymakers to hold the hospital accountable to its public mission.”
The board also voted Friday to establish a discount program for low-income patients in New Mexico who meet poverty guidelines, are ineligible for Medicaid and are unable to purchase private insurance on the health insurance exchange.
UNM Hospital is New Mexico’s only academic medical center. The hospital provides more than $135 million of uncompensated care annually, according to its website.
More articles on healthcare finance:
CMS releases final OPPS rule for 2018: 8 things to know
15-bed Missouri hospital’s 2,353% revenue increase raises red flags with regulators
CMS releases physician fee schedule for 2018: 6 things to know
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