State Senate approves hospital loan insurance bill
Senate committee advanced SB 334 to insuring up to 150 million in private loans for hospital construction and renovation. The measure, backed by the California Hospital Association, supports Proposition 5 and creates safeguards, loan fees, and a default fund while the state withdraws from the Hill H Harris program.
MENTIONED IN THIS ARTICLE
Sacramento
Stephen P. Teale
West Point
Senate Committee On Insurance and Financial Institutions
Finance Committee
The
California Hospital Association
Senate
Hill- Harris
State Department of Public Health
Sen. Teale
Medical Center Plans Bill Collection Push
Orange County Medical Center will push billing and collections after a grand jury found almost no prior effort. Administrator Robert W. White said collections rose by 2 million to 4.5 million in a year as about 2,000 accounts monthly go to collection. 100,000 accounts remain to be processed with 6,000 monthly accounts anticipated. An exclusive agent handles about 500,000 in bills, with another agency to be added.
MENTIONED IN THIS ARTICLE
Orange County Medical Center
Robert W. White
County Supervisors
Transcontinental Credit Service Inc
White
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