January 13, 2015

Tuesday's Number: $364,675

Tuesday is the day my local paper, the Syracuse Post-Standard, publishes the weekly business section. In addition to special features, tips from stock experts, budgeting advice and the like, we get the judgment and bankruptcy listings.

Since mid-2012, I’ve been tracking health care related filings. I include anything that is clearly a debt owed to a hospital, nursing home, physician or physician group, medical supplier, and so on; I do not include filings by insurance companies, many of which are so diversified it would not be a fair assumption that the filing is related to medical care or health insurance.

  • This week, there were thirteen new judgments to hospitals, doctors, or other medical providers totaling $250,097. 
  •  There was one satisfied judgment, for $5,211. 
  • And there was one health care related bankruptcy, for $119,789.

I also track filings for each of the four Syracuse hospitals. Here’s the breakdown for this week: 

  • Crouse had ten, totaling $216,190 
  • St Joe’s had three, for $18,749 
  • SUNY Upstate had none 
  • Community General, a part of Upstate, also had none.

There were two large judgments filed by surgical practices which account for the remaining $129,736.

This year, I am subtracting the satisfied judgments from the overall totals and from the individual hospital totals; the likelihood is that they've already been incorporated into the numbers at some point now, since I've been tracking this for two and a half years.

The paper publishes only those accounts of at least $5,000.