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Charity Care University Hospital  Form

Charity Care University Hospital Form

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Instructions and help about university hospital newark nj charity care

charity care which is a misnomer honestly it's uncompensated care every hospital has to have a budget and part of the budgeting process every year is they meet with and negotiate with all the insurance carriers that they contract with in short the end result of that negotiation is they know exactly what they're going to get paid up front with some minor variations by each insurance carrier they deal with for each service that that insurance carrier purchases with your money on behalf of your patients the way that works is in the p l every year in the budget p l that goes before the hospital board you see a top line revenue number then you see what's called basically uncompensated care but they're called contractual allowances so what that means is that we know up front every year what our top line revenue is and that's generated from what's known as a charge master which 99 times out of 100 is horribly inflated for each hospital we know then the contractual allowances are the deduction

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