2020 PSMC Community Report - Flipbook - Page 10
PSMC Community
Benefit
In addition to patient care, Pagosa Spring Medical Center provides other benefits to our community.
PSMC is the largest employer in Archuleta County. PSMC’s employees are involved in and support many
community organizations. Also, PSMC provides much needed community benefit caring for patients, often
regardless of insurance status or ability to pay for services.
Financial Assistance
Charity care includes health care services provided to patients who are deemed unable to pay for the cost
of the services they receive. Hospitals determine a patient’s ability to pay by assessing individual and family
income, assets, employment status, family size, and availability of alternative payment sources. PSMC
provides qualifying patients with financial assistance for non-elective services.
Unreimbursed Cost of Medicare and Medicaid
Medicare and Medicaid are federal and state-funded health insurance programs. Medicare and Medicaid
reimbursement may be below a health care provider’s cost to provide certain health care services. The
unpaid cost of care represents the difference between PSMC’s cost to provide services and the amount
Medicare or Medicaid reimburses PSMC for providing those services.
2020
Community Benefit:
10
2020 COMMUNITY REPORT