Hospitals put patients’ debt up for auction

Wall Street Journal
Posted: June 4th, 2008 by Steve Trinward

“In a move that consumer groups say could increase pressure on people with unpaid medical bills, some hospitals are trying out a new tactic to recoup patients’ debts: They’re auctioning the debt online. Hospitals have long relied on outside collection agencies to go after debtors. Under traditional arrangements, these agencies receive a percentage of any money they get from a debtor; the more they collect, the more they earn.” (06/03/08)

One Response to “Hospitals put patients’ debt up for auction”

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