Hospitals that transferred nearly 400 patients out of South Carolina’s evacuation zone last week will likely bear significant costs, according to an article on the Post and Courier website.
The evacuated hospitals will face unexpected costs and lost revenue, which may lead to overall higher healthcare costs.
“Hospitals are able to receive some compensation from insurance policies, but much of these costs are absorbed by the health system and can lead to higher costs.
Hospitals can also apply to FEMA for federal assistance, but those requests are rarely fulfilled and not enough to cover the full value of a major patient evacuation.
17 Million Patient Records Stolen in PIH Health Ransomware Attack
Holidays are Prime Times for Healthcare Cyberattacks
Hartford Healthcare Forms Partnership to Open Health Equity Clinic
UCHealth Reveals Plans for Memorial Hospital North Expansion
What Are 'Hospi-tels'?