You are supposed to charge patients more than out of pocket costs if you want to stay solvent as a business. That being said, why are hospitals business and not services?
“Out of pocket” in this context is a reference to a type of patient payment. Healthcare providers charge more money for services to insurance than they charge to patients who pay up front, which would be fine if it was a small amount, but with some insurances you might end up paying more out of pocket with insurance coverage covering part of the visit.
You are supposed to charge patients more than out of pocket costs if you want to stay solvent as a business. That being said, why are hospitals business and not services?
“Out of pocket” in this context is a reference to a type of patient payment. Healthcare providers charge more money for services to insurance than they charge to patients who pay up front, which would be fine if it was a small amount, but with some insurances you might end up paying more out of pocket with insurance coverage covering part of the visit.
Oh my bad. Yeah that’s right and it is ridiculous