How patient charges are established can have a significant impact
on a hospital's bottom-line. It is crucial for hospitals to consider
both the compliance and financial aspects when establishing patient
PCS affords hospitals the opportunity to evaluate and compare charging
practices against both a peer group and specific providers. In a
competitive environment, it is very important that hospitals are
aware of their position in the marketplace and have access to data
enabling them to make appropriate adjustments to their charge structure.
Our rate setting consulting professionals have a long history and
a proven track record of success with literally hundreds of rate
setting engagements generating startling benefits. PCS will:
- Develop and document an appropriate patient charging philosophy
and formalize objectives, thus shielding your hospital from
accusations of inappropriate price establishment practice.
- Establish an appropriate charging/write-down policy for
the uninsured who legitimately cannot afford to pay for their
- Develop a patient charge structure that meets the financial
requirements of your hospital. Our approach considers both local
market factors and your hospital's specific circumstances. Our
pricing recommendations are compliant with regulations and are
consistent with the hospital's stated philosophy and objectives.
PCS' pricing strategy reduces exposure to unwarranted criticism,
unfavorable publicity and potential litigation regarding patient