Yup, we can’t get away from it anywhere we go in healthcare, as insurers and everyone else lives and dies by the algorithms of cost. When compared to non profits the number of cancer patients seen by for profits seemed dwarfed when compared. As the article states, Medicare pays $143 a day...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Tue, Feb 1 2011
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Filed under: Medically Related, Insurance, Other Items of Interest, Surgery, medicare, Budgets, Nursing Homes, Seniors, Investing, Hospice, Patients, Non Profit, General Accounting Office, for profit, private equity
This is a great article and in the New York Times today and it has been broken down to show the overall mathematics that are used to determine payments. We are again, back to the “A” word that you see plastered in the center of this blog, an algorithm. I just finished watching a PBS documentary...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Fri, Nov 26 2010
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Filed under: Medically Related, Insurance, My Commentaries, Medicine, medicare, medical billing, Congress, Hospitals, CMS, Doctors, Patients, Pricing, Algorithms, formulas, value, payments, MedPac
The AGO prepared one report already and is working on a second report to ensure safety and care for seniors and they were overly concerned over the lack of data and information provided to make a full evaluation. We had one case in California that turned pretty ugly with patients not getting adequate...
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The Medical Quack
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Fri, Nov 26 2010
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Filed under: Medically Related, Insurance, Other Items of Interest, Surgery, medicare, Budgets, Nursing Homes, Seniors, Investing, Patients, General Accounting Office, private equity
We all have so much on our plates today and perhaps some in the House could entertain some additional multi tasking training, kind of like what the rest of us do everyday. This actually is a heated deal though as we all know that when we consolidate and give out contracts and limit the number of...
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The Medical Quack
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Wed, Aug 25 2010
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Filed under: Medically Related, Insurance, My Commentaries, medicare, Congress, Awards, CMS, Patients, Wellpoint, Contracts, healthcare reform, providers, billing, algoirthms, DME, bidding, unintentional consequences
This tells the story pretty well and there’s stories just like it all over the US. Fixed costs have gone up over the years an .png?imgmax=800" width="167" height="172" alt="" /> d basically family practice doctors have not had any increase since 2001. In my travels, I have run into physicians who...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Thu, Mar 4 2010
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Filed under: Medically Related, Insurance, My Commentaries, medicare, health insurance, medical billing, Congress, Politics, Coding, Doctors, Patients, Algorithms, healthcare reform, costs
The American College of Cardiology has has their website on the internet with their cause and battle against the proposed cuts. You can also read some additional comments from cardiologists on the site as well as as watching videos from their website, one of which I have embedded below. One...
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Tue, Dec 29 2009
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Filed under: Medically Related, Insurance, My Commentaries, medicare, health insurance, Cardiology, Pay Cuts, Family Practice, Politics, Doctors, Patients, healthcare reform, legislation, Congressman, Cardiac Services
Recently I have posted a couple of times about the impact the proposed cuts in Cardiology will have if they go through. One of my clients was kind enough to send me a copy of his letter to his representative in Congress. Not too long ago I did a short presentation for doctors at his hospital...
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The Medical Quack
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Fri, Dec 11 2009
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Filed under: Medically Related, Technology, Insurance, medicare, health insurance, Cardiology, Pay Cuts, Family Practice, Politics, Doctors, Patients, healthcare reform, legislation, Congressman, Cardiac Services
This in no way reflects that Mayo is doing anything wrong, they have financial obligations like all the rest of the hospitals in the US. At last check if you are not aware 55% of the hospitals in the country are in the red now, pay attention to this fact. Mayo has had to make some cutbacks...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Mon, Oct 12 2009
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Filed under: Medically Related, Insurance, healthcare, medicare, health insurance, Medicaid, Obama, Mayo Clinic, Patients, Algorithms, healthcare reform, patient focused, results oriented