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
I don’t know of one doctor or hospital that is not writing off balances of what the insurance companies are not paying. On top of that it is one administrative nightmare, medical assistants can’t get the time in the consultation rooms with the doctors as they are tied up on administrative functions...
Posted to
The Medical Quack .... by Barbara Duck
on 10-23-2008
Filed under: Medically Related, Insurance, Pharma/FDA News, healthcare, health insurance, Claims, Hospitals, bankruptcy, Balance Billing, Patients, Sicko
We still live in a risk management world, one where the Department of Managed Care is shadowed by the power of the insurance companies; laws and regulations just seem to make everyone miserable these days. No matter how you look at it, all the problems these days come from one source, lack of payment...
Posted to
The Medical Quack .... by Barbara Duck
on 10-16-2008
Filed under: Medically Related, Insurance, healthcare, health insurance, Hospitals, bankruptcy, Balance Billing, Department of Managed Care
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
Interestingly enough, while I was watching this video, my cell phone rings from Anthem Blue Cross with an automated questioning system about taking care of my health, somewhat of a parody as I was reviewing the video for the blog. I went through the system and first off I do have to make one comment...
Posted to
The Medical Quack .... by Barbara Duck
on 08-19-2008
Filed under: Medically Related, Insurance, My Commentaries, healthcare, privacy, health insurance, Marketing, Blue Cross, bankruptcy
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...