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Hospital Branding – Is the Most Expensive Always the Best?

This very extensive article examines various hospitals in Massachusetts and the cost of the same procedures at different hospitals, and then continues further to discuss how this happens; contracts with the insurers and the ability to use “branding” to...

Published Sun, Nov 11 2008 1:33 PM by The Medical Quack

Filed under: Medically Related, Insurance, Other Items of Interest, My Commentaries, Physicians, Hospitals, bankruptcy, Balance Billing, Transparancy, Debt consolidation, Vendors, Hosptials
Blue Cross/Blue Shield of Massachusetts reports $57.6 million profit for the 3rd quarter

Health Insurance companies despite the downturned economy are still showing major profits and as stated below maintaining some pretty large “reserve” funds, money that basically just sits there and collects interest, which is some pretty large dollar...

Published Sat, Nov 11 2008 12:19 PM by The Medical Quack

Filed under: Medically Related, Insurance, healthcare, health insurance, Hospitals, Blue Cross, bankruptcy, Desperate Hospitals, Blue Shield, Venture Capital, Reserve Funds, Profits, Bank
Desperate Hospitals Series – 11-02-2008 Update

This is one update I do not look forward to posting, but the list and updates keep growing and coming in. We have Prime Healthcare here in California buying hospitals that would otherwise be gone, and the solutions offered by Prime are not particularly...

Published Sun, Nov 11 2008 2:30 PM by The Medical Quack

Filed under: Medically Related, Insurance, Other Items of Interest, health insurance, Hospitals, Insolvency, bankruptcy, Prime Healthcare, Desperate Hospitals, Healthcre
Massachusetts Desperate Hospitals - MetroWest Medical Center's vital signs are weak

According to the article, there’s still time to save the hospitals and no plans on closing at this point, but it’s the same thing faced all over the US, no money, and 50% of the hospitals in the US border on solvency, and sure hate to see that number...

Published Fri, Oct 10 2008 1:24 PM by The Medical Quack

Filed under: Medically Related, Insurance, Other Items of Interest, Hospitals, Budgets, Heatlhcare, Insolvency, bankruptcy, Desperate Hospitals, Finances, Heatlh Insurance
The battle of the medical bills where nobody but the insurers win

I don’t know of one doctor or hospital that is not writing off balances of what the insurance companies are not paying. On top of that it is one administrative nightmare, medical assistants can’t get the time in the consultation rooms with the doctors...

Published Thu, Oct 10 2008 3:26 PM by The Medical Quack

Filed under: Medically Related, Insurance, Pharma/FDA News, healthcare, health insurance, Claims, Hospitals, bankruptcy, Balance Billing, Patients, Sicko
Hospitals Demand Cash Advances to Treat Cancer

Wow, huge bills and she was able to borrow 45k but then at admitting time, the hospital wanted another 65k. This was at the MD Anderson Center in Texas. She states that she could pay for her chemotherapy if she washes out here entire retirement...

Published Wed, Oct 10 2008 7:29 PM by The Medical Quack

Filed under: Medically Related, Insurance, Hospital, health insurance, Cancer, Chemotherapy, bankruptcy, MD Anderson
Disappearing Credit Forces Hospitals to Delay Improvements – Desperate Hospitals

Even some of the more profitable hospital systems are now delaying the start of new projects. Some have not been as lucky and have had to either close or file for Chapter 11, hospitals are not immune to the pitfalls of the current economic conditions...

Published Thu, Oct 10 2008 4:08 PM by The Medical Quack

Filed under: Medically Related, Technology, Hospitals, bankruptcy, Credit, deperate hospitals
Hospitals protest new California rules on patient balance billing

We still live in a risk management world, one where the Department of Managed Care is shadowed by the power of the insurance companies; laws and regulations just seem to make everyone miserable these days. No matter how you look at it, all the problems...

Published Thu, Oct 10 2008 3:33 PM by The Medical Quack

Filed under: Medically Related, Insurance, healthcare, health insurance, Hospitals, bankruptcy, Balance Billing, Department of Managed Care
Bankruptcy Bug Hits Hospitals – Desperate Hospitals

Modern Healthcare.com has also published an article about the status of affairs of many hospitals. To read further, click here to review the series I began last month called “ Desperate Hospitals” in where there are several updates and additional...

Published Tue, Sep 09 2008 5:28 PM by The Medical Quack

Filed under: Medically Related, Other Items of Interest, My Commentaries, healthcare, Charity, Budgets, Insolvency, bankruptcy, Economics, Chapter 11, Desperate Hospitals
Desperate Hospitals - Hawaii- What is happening to our Hospital System?

As the old saying goes, things roll downhill and Siemens was the straw that broke the camel's back here. Recently Siemens has been in the news with their own issues with restructuring and lay offs. There are other creditors including Clinical...

Published Sat, Aug 08 2008 3:12 PM by The Medical Quack

Filed under: Medically Related, Insurance, Other Items of Interest, My Commentaries, healthcare, Physicians, FDA, Hospitals, Nursing, bankruptcy, Economics, Desperate Hosptials, Venture Capitalists, Transparancy, Layoffs, Debt consolidation, Overseas Investments, Vendors
Medical Bills You Shouldn't Pay - The balance billing issue is alive and well

In California we are well aware of this with the recent news with Prime Health Care being challenged on this practice as they have no contracts with the insurers and charge their published rates for out of network care, and the patient is stuck in the...

Published Fri, Aug 08 2008 1:13 PM by The Medical Quack

Filed under: Medically Related, Insurance, My Commentaries, Hospital, health insurance, Physicians, Quest Labs, bankruptcy, Balance Billing, Health Insurance Coverage, Not for Profit Hospitals, Prime Healthcare
Concerns Over Large Not-for-Profit Hospital System

When you look around, it appears the large Not for Profit folks seems to being doing all the facility expansions, as well as hiring new clinicians, but now some of the practices are being looked at with a bit of scrutiny as the Wall Street Journal discusses...

Published Fri, Aug 08 2008 12:40 PM by The Medical Quack

Filed under: Medically Related, Insurance, My Commentaries, Hospitals, Community Hospitals, bankruptcy, Desperate Hosptials, Venture Capitalists, Not for Profit Hospitals
Desperate Hospitals - New York, Texas and California (More)

In Forest Hills, New York This hospital just emerged from a 3 year bankruptcy and hopes to have a plan in place before a September 30th deadline closing takes place. BD The State Health Department is reviewing the latest proposal for revamping...

Published Thu, Aug 08 2008 11:50 PM by The Medical Quack

Filed under: Medically Related, Other Items of Interest, Hospital, bankruptcy, Desperate Hosptials, Auction
More Desperate Hospitals

Two bankruptcies, both are still open for business. BD In Detroit, MI After the bankruptcy, a group of physicians has made an offer to purchase the facility, pending court approval. BD North Oakland Medical Centers Inc. in Pontiac, the hospital...

Published Thu, Aug 08 2008 1:45 AM by The Medical Quack

Filed under: Medically Related, Other Items of Interest, healthcare, Hospitals, bankruptcy
Just one more "Economic Decision"?

So much for feeling good about decisions...but is this where we seem to be headed at times with everything being focused on the dollar and not the quality of healthcare? Hospitals are struggling to come out of bankruptcy and some are starting the...

Published Mon, Aug 08 2008 1:59 AM by The Medical Quack

Filed under: Medically Related, Insurance, Other Items of Interest, My Commentaries, healthcare, bankruptcy, Hospital Bills, Hosital

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Hospital Branding – Is the Most Expensive Always the Best?

Blue Cross/Blue Shield of Massachusetts reports $57.6 million profit for the 3rd quarter

Desperate Hospitals Series – 11-02-2008 Update

Massachusetts Desperate Hospitals - MetroWest Medical Center's vital signs are weak

The battle of the medical bills where nobody but the insurers win

Hospitals Demand Cash Advances to Treat Cancer

Disappearing Credit Forces Hospitals to Delay Improvements – Desperate Hospitals

Hospitals protest new California rules on patient balance billing

Bankruptcy Bug Hits Hospitals – Desperate Hospitals

Desperate Hospitals - Hawaii- What is happening to our Hospital System?

Medical Bills You Shouldn't Pay - The balance billing issue is alive and well

Concerns Over Large Not-for-Profit Hospital System

Desperate Hospitals - New York, Texas and California (More)

More Desperate Hospitals

Just one more "Economic Decision"?