RMH's overdue accounts receivable is higher than it ought to be. Similarly its aging accounts list is further overdue than is typical for an institution of its size. Current overdue customers will have the first opportunity to take advantage of the new payment program. The new program, which is commonplace in many hospitals, will not impact those needy people who receive free services through the hospital's sharing program, but rather will focus on those with the means and ability to pay. Most of those on RMH's overdue list, likely, have their cable TV and car payments made, but unfortunately, haven't seen fit to pay their hospital bill.
Hospitals are well-known for their compassionate care and concern for patients.
It is an expensive service that deserves to be paid for on a timely basis. Prompt payment ensures that the hospital can continue to offer similar services to other patients. It may even leave former patients with enough money left at the end of the month to pay for their equally hefty heating bill.