Loss, At-Cost, of Care Provided to Patients Through Free and Reduced Cost Care
Current Value
$10.50Mil
Definition
Definition: This meaure represents loss 'at-cost' to provide care for patients needing financial assistance. "At-Cost" is a term defined by the IRS to ensure consistency of reporting across hospitals, and is a reasonable representation of the actual cost to provide care for patients needing financial assistance - pay to care team members, cost of medical supplies, heat, lighting, and other tangible costs that represent real expenses incurred providing care.
Primary Data Source: Dartmouth-Hitchcock NH Community Benefits Report
Other Data Parameters: ?
Addtional Data Sources, if applicable: ?
Reporting: ?
Contact: D-H Community Health Improvement, Manager
Barbara Farnsworth, Barbara.G.Farnsworth@hitchcock.org
Story Behind the Curve
Dartmouth-Hitchcock provides health care to patients regardless of insurance status or financial ability to pay, and qualifies patients for free or reduced cost health care based on its Financial Assistance Policy. Following Medicaid Expansion in NH, there have been a few years of declining loss on care provided via Financial Assistance, as patients previously uninsured began to become eligible for Medicaid.
This meaure represents loss 'at-cost' to provide care for patients needing financial assistance. "At-Cost" is a term defined by the IRS to ensure consistency of reporting across hospitals, and is a reasonable representation of the actual cost to provide care for patients needing financial assistance - pay to care team members, cost of medical supplies, heat, lighting, and other tangible costs that represent real expenses incurred providing care.