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You’re the CEO of a local hospital which is located in a low-income neighborhood and have spent millions of dollars over the past several years on charity care patients. Your hospital is in a tough financial position because Medicare and Medicaid continue to reduce reimbursement (payments) for their patients, and your percentage of commercial insurance patients (those patients who have health insurance coverage that pay higher than Medicare and Medicaid) continues to decline. Identify what you can do to continue to provide charity care but reduce the amount of loss you are facing. Please make an initial post of at least 200 words, and no more than 250 words, and provide one substantive response to another classmate’s post (at least 100 words, no more than 125 words). You must post prior to responding to another person’s discussion.
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