Elsewhere online
March 24, 2015

Hospitals Saved $7.4 Billion on Charity Care in 2014

A government report issued Tuesday estimated that hospitals spent $27.3 billion on uncompensated care last year, $7.4 billion less than what the cost would be if the rate of uninsured Americans had stayed at its 2013 level, Reuters writes.

Nearly two-thirds of the drop came from the 28 states, plus the District of Columbia, that expanded Medicaid under the Affordable Care Act, according to the Department of Health and Human Services review. Hospitals’ bad debt also fell in 2014, by $1.9 billion, HHS said. The department said last week that more than 16.4 million people have acquired health coverage since the reform law, also known as Obamacare, took effect.