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Gaining an understanding of hospital charges is a difficult process. There are a number of factors which greatly influence what each hospital charges, such as; the range of services a hospital provides, the severity of illness of the patients it treats and the amount of uncompensated care it provides to its patients.
INTEGRIS has been the community leader in consumer confidence and trust. Today we also strive to be the leader in providing “value” to our patients. Our goal is to deliver the highest quality care at the most reasonable prices through outstanding customer service. We pledge to be transparent in our cost, quality and customer service reporting.
Each year patients are sharing more in the costs of their own healthcare expenses, therefore; INTEGRIS believes you should have access to the information you need to make informed health care choices. Our pricing philosophy is:
“INTEGRIS seeks to establish prices that are fair to patients and payors, reasonable in the market we serve, consistent with our peers who provide similar services and permit the hospital to meet its financial needs in order to improve the health of the communities we serve”
We also believe that it is important for you to understand how each dollar of billed charges is spent at INTEGRIS.
| Bill Charged |
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$1.00 |
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|
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| Expenses |
|
|
| |
|
|
Discounts taken by Medicare, Medicaid
Managed care companies and other insurers |
|
0.60 |
| Free Service/Charity Care |
|
0.02 |
| Bad debt expense from patients not paying bills |
|
0.05 |
| Employee Salaries |
|
0.13 |
| Employee health insurance expense |
|
0.01 |
| Employee retirement expense |
|
0.01 |
| Other benefit expenses |
|
0.01 |
| Medical, surgical and drug supplies |
|
0.05 |
| Other general supplies |
|
0.01 |
| Purchased services for maintenance, lab and other services |
|
0.04 |
| Telephone, utility and rental expenses |
|
0.01 |
| Other operational expenses |
|
0.03 |
| Insurance |
|
0.01 |
|
|
|
| Total Expenses |
|
0.98 |
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|
|
| Funds available for new equipment, construction and clinical program improvement |
|
0.02 | |
You should note that INTEGRIS Health is a “non-profit” company and as such is required to reinvest any budget surplus back into the organization to improve the level of services that it provides to the community.
While your healthplan or personal preference may dictate where you decide to go to receive care, comparing charges between local providers for similar procedures, combined with quality data, may better provide you with an overall picture of the total value you will receive at the hospital of your choice.
Please remember that charge and quality data are just two factors that should go into healthcare decision-making. No single measure is indicative of a hospital's overall performance. Be sure to gather information, discuss it with your doctor and feel free to call the hospital to ask questions. A hospital's reputation in the community, level of patient satisfaction and other factors should also be considered in your final selection process.
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