What Does Your Community Hospital Mean to You?
North Carolina’s hospitals are open all day, every day, providing quality health care services to everyone in the community regardless of their ability to pay. In fact, many people come to North Carolina because we have some of the best hospitals in the world. With more than 192,000 employees, North Carolina’s hospitals are also among the leading employers in most communities and contribute significantly to economic development throughout the state. Government pays for two of three hospital patients, setting rates below the costs of caring for those patients. Government decisions profoundly affect your hospital’s ability to provide health care services to the community.
Granville Health System’s value to the community is significant and is measured in numerous ways - by the amount of charity care provided; the unreimbursed costs incurred to care for Medicare and Medicaid patients; and the value of our outreach activities, volunteer services, and program support. Reporting these efforts and quantifying their impact is critically important. Click Here to Review the 2012 GHS Community Benefits Report.
Granville Health System categorizes charity care as care given to patients who have no third party coverage of any kind and are at poverty levels which prohibit them from paying for their care. Unreimbursed cost of treating Medicare and Medicaid patients is the difference between government reimbursement and the hospital's actual cost to provide that care. Bad debt is primarily comprised of the charges for care for those patients who have some type of third party coverage but are unable to pay their co-pays and deductibles. In 2012, these total costs amounted to $7,300,413.
The Affordable Care Act could potentially cut payments to hospitals by as much as $7.8 billion. These legislative changes could jeopardize your hospital’s ability to provide certain services. Please feel free to share your story about how much your community hospital means to you.
(Guidelines developed by the VHA and the Catholic Health Association, as well as the North Carolina Hospital Association are used in the calculation and data collection for this report.)