According to the Medicare Payment Advisory Commission, the Medicare margin was negative 5.4 percent in 2013. Hospitals must make up for shortfalls through a combination of approaches, and cost shifting to the private sector is among them.
—Rich Umbdenstock, President and Chief Executive, American Hospital Association, in a letter printed in The New York Times on June 24, 2015
All TIE’s cost shifting posts are here. I wrote about it in The New York Times here.