(July 26, 2024) – The Kansas Hospital Association created a hospital Finance Basics series to help hospitals share information on defining common financial terms. Over the past year, three documents have been created in the series. These include:
This week, we are releasing the fourth in the series – Understanding a Hospital Bill. This document explains the difference between charges and payments and defines common terms using a sample bill.
KHA encourages using these tools to help members of the public and policymakers understand how the complex hospital finance system works. Each subject includes a definition of terms, tables and charts illustrating the financial breakdown of each topic. For questions, please contact Shannan Flach at (785) 233-7436.
--Shelby Stacy