Nashville, Tenn.-based Healthcare giant HCA managed to thrive during the economic recession due to its successful financial model, which included aggressive billing, according to The New York Times.
HCA, which owns 163 hospitals from New Hampshire to California, emerged as a leader in the hospital industry by also reducing emergency room overcrowding and expenses and reducing the cost of the medical staff.
In 2008, HCA also changed its billing codes for sick and injured patients in the ER, increasing the number of patients paid for at higher levels by Medicare.
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HCA, which owns 163 hospitals from New Hampshire to California, emerged as a leader in the hospital industry by also reducing emergency room overcrowding and expenses and reducing the cost of the medical staff.
In 2008, HCA also changed its billing codes for sick and injured patients in the ER, increasing the number of patients paid for at higher levels by Medicare.
More Articles on Coding, Billing and Collections:
Mass. Governor Weighs Ambulance Payment Bill
10 Tools to Bring to an 'Evidence-Based' ASC Payor Contract Negotiation
States May Decide Whether to Expand Medicaid Programs, CMS Says