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Old 08-08-2014, 11:11 AM
 
Location: NJ
18,665 posts, read 20,019,896 times
Reputation: 7315

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LifePoint gets boost from Medicaid expansion

This will repeat at many hospital chains nationally. Far fewer uninsured to care for = far less charity care.
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Old 08-08-2014, 11:22 AM
 
11,768 posts, read 10,292,976 times
Reputation: 3444
Why do you think the American Hospital Association wrote Obamacare instead of trying to dismantle hospital monopolies?
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Old 08-08-2014, 11:28 AM
 
Location: NJ
18,665 posts, read 20,019,896 times
Reputation: 7315
Quote:
Originally Posted by lycos679 View Post
Why do you think the American Hospital Association wrote Obamacare instead of trying to dismantle hospital monopolies?
While they did, our customers are hospitals, and at first they all deeply feared ACA overall. We're seeing far less fear.

I have known of hospitals that closed decades ago due to too many uninured playing economic havoc on them. Perhaps we will see far fewer of those closings happening, which will allow more folks access to nearby quality hospitals.
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Old 08-08-2014, 11:30 AM
 
23,838 posts, read 23,185,022 times
Reputation: 9409
I thought big corporations getting rich off the backs of the poor was anathema to liberalism?
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Old 08-08-2014, 11:34 AM
 
16,545 posts, read 13,489,071 times
Reputation: 4243
Quote:
Originally Posted by bobtn View Post
LifePoint gets boost from Medicaid expansion

This will repeat at many hospital chains nationally. Far fewer uninsured to care for = far less charity care.
Bob, charity care doesn't effect any of their earnings.
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Old 08-08-2014, 11:38 AM
 
47,065 posts, read 26,166,304 times
Reputation: 29551
Quote:
Originally Posted by SourD View Post
Bob, charity care doesn't effect any of their earnings.
How do you arrive at that conclusion?
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Old 08-08-2014, 11:40 AM
 
16,545 posts, read 13,489,071 times
Reputation: 4243
Quote:
Originally Posted by Dane_in_LA View Post
How do you arrive at that conclusion?
Do you even know what charity care is? I don't think so. Charity care isn't the hospital waiving your costs and eating them, it is money that has been DONATED to them from various charities to pay for people's bills who can't afford it. That money doesn't go into the hospital's earnings. That's how I arrived at that conclusion.
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Old 08-08-2014, 11:41 AM
 
11,768 posts, read 10,292,976 times
Reputation: 3444
Quote:
Originally Posted by bobtn View Post
While they did, our customers are hospitals, and at first they all deeply feared ACA overall. We're seeing far less fear.

I have known of hospitals that closed decades ago due to too many uninured playing economic havoc on them. Perhaps we will see far fewer of those closings happening, which will allow more folks access to nearby quality hospitals.
What hospital feared the ACA? Health stocks rose after the ACA passed.

Quote:
Originally Posted by SourD View Post
Bob, charity care doesn't effect any of their earnings.
Do they call special fairies out of thin air to provide the labor, medicine, and resources?
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Old 08-08-2014, 11:43 AM
 
16,545 posts, read 13,489,071 times
Reputation: 4243
Quote:
Originally Posted by lycos679 View Post
What hospital feared the ACA? Health stocks rose after the ACA passed.



Do they call special fairies out of thin air to provide the labor, medicine, and resources?
It comes from the CHARITY CARE!!!!!!!! Another one who doesn't know what it is. Your bill, which gets PAID by CHARITY CARE INCLUDES all of that other stuff. DUH!
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Old 08-08-2014, 11:44 AM
 
11,768 posts, read 10,292,976 times
Reputation: 3444
Quote:
Originally Posted by SourD View Post
Do you even know what charity care is? I don't think so. Charity care isn't the hospital waiving your costs and eating them, it is money that has been DONATED to them from various charities to pay for people's bills who can't afford it. That money doesn't go into the hospital's earnings. That's how I arrived at that conclusion.
That's not what Bob is talking about. He is talking about the hospitals eating the cost after treating the uninsured because they can't pay.
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