While hospitals usually see an increase in admissions during flu season, the consensus is that this year is particularly bad. William Pich , CEO of Good Samaritan Hospital, said a particularly virulent flu strain is at work this year, laying low even people who have received flu shots. With the flu epidemic, it's more so this year. Presumably, being busier is what a hospital's all about. Just how much extra money will flow to hospital coffers is hard to estimate.
Hospitals receive reimbursement for care through a variety of channels.
Sometimes those payments cover the full cost of care, sometimes just a portion. Most hospitals provide a certain amount of charity care as well. It could be months before we see reimbursement from all these additional patients. Depending on our insurance mix, it will take us a while to realize where we are revenue-wise. Earliest info on new businesses, homeowners Sales Prospecting Center Real info, real opportunities.