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
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
Other hospital systems are working to catch up. Just in the news recently was the pilot exchange of information between the VA and Kaiser. Also the PHR, personal health records, from HealthVault will be due to come on line soon, so patients will be able to transfer the information to their...
Posted to
The Medical Quack .... by Barbara Duck
on 10-21-2008
Filed under: Medically Related, Technology, Insurance, Other Items of Interest, microsoft, Medical Records, EHR, Physicians, PHR, HL7, VA, Hospitals, Kaiser Permanente, Patients, KP Health Connect, pilot program
From the Wall Street Journal Health Videos, which now has a reference on this site. This story examines what is happening to people when hospitals close, where do they go. In this story the hospital is closed by the company and they are building a new hospital, in another more affluent area...
Posted to
The Medical Quack .... by Barbara Duck
on 10-17-2008
Filed under: Medically Related, Insurance, Other Items of Interest, healthcare, Hospitals, Insolvency, Closing hospitals, Ascension Healthcare, elderly, Poor
In a related story from Forbes, as soon as the announcement was made, Tenet stocks rose. I guess if you are a hospital chain, it appears closing a hospital will raise the stock? Investors must see this as an opportunity for Tenet to make more money. Being local to Orange County, it is a...
Posted to
The Medical Quack .... by Barbara Duck
on 10-08-2008
Filed under: Medically Related, Insurance, Other Items of Interest, healthcare, Hospitals, Kaiser Permanente, Orange County, Stocks, Investments, http://www.bizjournals.com/losangeles/stories/2008/10/06/daily20.html
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