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 command a higher rate, all the big centers do it...
Posted to
The Medical Quack .... by Barbara Duck
on 11-16-2008
Filed under: Medically Related, Insurance, Other Items of Interest, My Commentaries, Physicians, Hospitals, bankruptcy, Balance Billing, Transparancy, Debt consolidation, Vendors, Hosptials
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 amounts and the related reading below will give some...
Posted to
The Medical Quack .... by Barbara Duck
on 11-15-2008
Filed under: Medically Related, Insurance, healthcare, health insurance, Hospitals, Blue Cross, bankruptcy, Desperate Hospitals, Blue Shield, Venture Capital, Reserve Funds, Profits, Bank
Hopefully the new President and cabinet will offer some relief in this areas. 50% of the hospitals in the US already are either bordering on insolvency or getting very close. In the related reading below there is an entire series on Desperate Hospitals that describe how many are coping and...
Posted to
The Medical Quack .... by Barbara Duck
on 11-12-2008
Filed under: Medically Related, Insurance, healthcare, Budget Cuts, Hospitals, Medicaid, Desperate Hospitals, outpatient services
If you work at Serigraph, a specialty printer based in West Bend, Wisconsin, you will be part of the pilot program. It starts in January and offers no out of pocket expenses for the employee. Hospital are approved by the joint commission. The rights and remedies statement below interesting...
Posted to
The Medical Quack .... by Barbara Duck
on 11-12-2008
Filed under: Medically Related, Insurance, Surgery, health insurance, Hospitals, Blue Cross, Medical Tourism, India, Risk Management, Wellpoint
The hospital chain has a higher foreclosure rate than average which is part of the reason the outlook is dwindling to a degree. The chain has been actively selling off non profitable hospitals as well. Prime Healthcare has been one company who has purchased several from Tenet here in California...
Posted to
The Medical Quack .... by Barbara Duck
on 11-04-2008
Filed under: Medically Related, Insurance, Other Items of Interest, Tenet, Hospitals, Charity, Prime Healthcare, Desperate Hospitals, Bad debt
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 attractive due to the current balance billing...
Posted to
The Medical Quack .... by Barbara Duck
on 11-02-2008
Filed under: Medically Related, Insurance, Other Items of Interest, health insurance, Hospitals, Insolvency, bankruptcy, Prime Healthcare, Desperate Hospitals, Healthcre
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 rise by any means. Growing the business saddled...
Posted to
The Medical Quack .... by Barbara Duck
on 10-31-2008
Filed under: Medically Related, Insurance, Other Items of Interest, Hospitals, Budgets, Heatlhcare, Insolvency, bankruptcy, Desperate Hospitals, Finances, Heatlh Insurance