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Increased charity is one of the reasons and of course there is the pressure from Medicare and insurers to limit rate increases, but many insurers are on their way to China as posted in prior articles here. There is also the big loss of federal funds, just look at us here in California for a quick...
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Words of reality quoted by this hospital CEO, "There are too many variables involved until we go line item by line item", and that is certainly one big challenge as well. Many hospitals have active fund drives in place as well as other sources of creating additional revenue compensation...
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Excellent article from Paul Levy at Beth Israel in Boston, who takes the time to explain the budget process at a hospital. The last paragraph says it all, ask questions and comment. Doctors are busy doing their jobs, research doing the same and sometimes are not aware of potential budget...
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This is an interesting analysis from BusinessWeek, and covers some areas perhaps not discussed enough, software and hardware. When you develop one side, the other side needs to improve as well. As mentioned, robotic surgery is the rage with consumers and it does have some real benefits as...
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By comparison, small bonuses were paid to scientists and doctors. $35 million in bonuses all together were handed out. The head of the criminal investigation division made more than the director of the FBI and the person in charge of revising the bonus system, well, they got the biggest bonus...
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Personalized Medicine and Genomics are getting some serious attention, why, because it will save money and hopefully better healthcare in the process. The days when your DNA will determine what drug your physician will prescribe may not be too far off. Developers and researchers are...
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Every industry has what is called a “business model’ and different industries can all learn from each other on marketing techniques, practices, etc. to create a proof of concept, but the one industry that is different is healthcare. I guess if you wanted to call clinical trials a “proof of concept” I...
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There’s a lot of focus this week on the Medicare reductions, but in California there’s also the Medi-Cal cuts. Already it is very difficult to find physicians who will still take Medi-Cal today, that battle through attrition has already be done, but the biggest potential losers in California are...
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The article states this should have been addressed 10 years ago..which is true…but this is today, so we need a plan, a budget, and some new politicians for that sake! If an all over sales tax of a few pennies is needed, then so be it to help finance health care, and get the private insurers profits...
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The basis of the current affairs of the FDA are not unlike many other stories being told today. We live in a world of transparency, and we are all still getting used to it for that matter, but things don’t fit under the carpet anymore. The old saying of “if it isn’t broke, don’t fix it”...