Children’s Hospital of Orange County is going to get even busier as in March, Hoag Hospital also announced a similar procedure to also send pediatric patients to the same facility. This appears to be a growing move as hospitals are looking at their finances, equipment and staff available to deliver...
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
We just had the same happen not too long ago here the Los Angeles area, Century City, right on the outskirts of Beverly Hills that could not come up with buyer and had to close down at the end of August. Hospitals even the affluent areas are not even safe. Lincoln Park Hospital may be in...
Posted to
The Medical Quack .... by Barbara Duck
on 10-09-2008
Filed under: Medically Related, Other Items of Interest, healthcare, Hospitals, Budgets, Insolvency, Desperate Hospitals, Finances
This does not make sense, why don’t we find other ways to spend the funds, like perhaps some additional limbs for soldiers that come home from war, bionic arms and hands which DARPA has funded and helped create? What’s up with this? DARPA is also involved in biotech research as well. ...
He also did recognize the effect of current budget cuts are having on the progression of R and D, as anyone who applies for and receives grants these days knows the bar has been raised and it is a bit more difficult to secure them, as a result many are looking to investors outside the NIH for funding...
Posted to
The Medical Quack .... by Barbara Duck
on 09-24-2008
Filed under: Medically Related, Pharma/FDA News, Other Items of Interest, Genomics, healthcare, Biotech, Grants, Budgets, R and D, NIH, National Institue of Health
Modern Healthcare.com has also published an article about the status of affairs of many hospitals. To read further, click here to review the series I began last month called “ Desperate Hospitals” in where there are several updates and additional hospitals included. Also included is some...
Posted to
The Medical Quack .... by Barbara Duck
on 09-23-2008
Filed under: Medically Related, Other Items of Interest, My Commentaries, healthcare, Charity, Budgets, Insolvency, bankruptcy, Economics, Chapter 11, Desperate Hospitals
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...