This is sad, but the hurricane did such an insurmountable amount of damage, and now there’s not enough money to rebuild and replace and now the number of medical students is also affected as well as the number of charity cases that will be seen, same story, lack of money and funds. BD The...
Posted to
The Medical Quack .... by Barbara Duck
on 11-14-2008
Filed under: Medically Related, Insurance, Hospital, healthcare, Desperate Hosptials, Medical Students, Galveston, Charity Care
This story fits in with the series I have been posting about hospitals in need of financial assistance. Lucky thus far for this community, the issues passed and the hospitals will stay open, but for how long and hope there is enough in the till to keep them open. Read the full story at the...
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
More added to the list at various stages either with investigations, layoffs, some trying to figure out how to stay open next year. Some are already deep in debt while some are teetering on the fence post after budget cuts, in short all looking for money to survive and one home health care unit...
Increased charity is one of the reasons and of course there is the pressure from Medicare and insurers to limit rate increases, but many insurers are on their way to China as posted in prior articles here. There is also the big loss of federal funds, just look at us here in California for a quick...
More hospitals fighting budgets and having enough money in the till to offer good patient services and stay in business. Surgery rooms schedules are tighter these days too, with operating the rooms at the shortest time element possible as well, somewhat additional stress at times for hospital workers...
Posted to
The Medical Quack .... by Barbara Duck
on 08-25-2008
Filed under: Medically Related, Other Items of Interest, healthcare, Physicians, Hospitals, Hospitalists, Desperate Hosptials, Financial Insolvency