LifePoint Wary Economy Could Push Up Bad Debt

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LifePoint Wary Economy Could Push Up Bad Debt

Unpaid medical debt at LifePoint Hospitals (Nasdaq: LPNT) in the first quarter was less what its leaders expected, due to fewer self-pay admissions. But executives are concerned a soft economy could push bad debt expense up and pressure the hospital’s financial results in the latter half of the year. The Brentwood, Tenn.-based rural hospital operator set aside $82.7 million, or 11.8 perce
 
Topic: Debt Purchasing