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
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
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 Laboratories of Hawaii, Ewa Beach, $3.9 million;...
Posted to
The Medical Quack .... by Barbara Duck
on 08-30-2008
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
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 trek, so I hope this does not continue to be the...
Posted to
The Medical Quack .... by Barbara Duck
on 08-25-2008
Filed under: Medically Related, Insurance, Other Items of Interest, My Commentaries, healthcare, bankruptcy, Hospital Bills, Hosital
How important is the solvency of hospitals in the US? Just last week I commented on a recent situation here in southern California, a sting operation whereby hospitals were caught breaking the law in the search for additional funds from Medicare and Medicaid with using the homeless as reported...
Posted to
The Medical Quack .... by Barbara Duck
on 08-10-2008
Filed under: Medically Related, Insurance, Other Items of Interest, My Commentaries, Hospital, bankruptcy, New Jersey, Health Treatments, State Budgets, Medical Services
Every day it seems that I post something related to hospitals and the cost of healthcare as well the new technology that is coming out. This information today from the Orange County Register talks about the high cost of health care. In Orange County home repossessions are at a record high as well...