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and those hospitals are closing why...they are losing money hand over fist
The cost at which hospitals operate leaves very thin margin and it is absolutely important that the business managers keep an eye on the expenses, or else the margin may vanish
it costs a lot to run a large (square footage) building, electricity is over 7 million annually
it costs a lot for building maintenance
it costs a lot for sanitization
hospitals produce a lot of garbage and specialized garbage (solid waste and bio-hazard waste)
it costs a lot for laundry:
Consumption expenses
A variety of medical and non-medical inventory gets consumed during patient care process. Medicines, surgical items, food, linen, stationary etc. are items that is required for patient care and adds a substantial cost on hospital management. Providing for these consumption item as per data can account for about 20% to 24% of the total expenses.
it costs a lot for supplies:
Increasing supply costs, however, may not equate to increasing patient visits. As reported by Modern Healthcare’s Ben Kutscher, many hospitals incur supply costs that are increasing more rapidly than their patient volumes. Kutscher reports supply costs at Milwaukee’s Froedtert Health rose by 14.5 percent in the 2014 fiscal year, ending the year with a 5 percent operating margin despite a 10.4 percent revenue boost. It seems, according to Kutscher, that the increasing cost of specialty drugs and more serious patient illnesses drive this significant supply increase. While patient volumes may not rise, supplies continue to increase as a top cost when running a hospital.
it costs a lot for equipment and its maintenance/upkeep/upgrades of that equipment
and lets not forget personnel:
Payroll is a huge factor and varies the most between big and small hospitals with six figure compensation across as much as half of the employees and a few making seven figures (heart surgeons, neurosurgeons, very high dollar specialists) with the rest doing clerical work, mostly billing, or clean up work on patients and facilities at good wages ($10-20/hr.) with little training or a two year degree, call it 70% of total operating costs or more. ...more than $200 billion in administrative costs
Most new drugs invented today, are tax payer funded.. As drug companies grew larger and larger, they took over much of inventions, but still today buys of publicly funded research and renames it.
But, all right.. I´ll have Surgeon operate on my heart, while you have some quack that "wants to help" operate on your... Lets report back in a week..
so you are saying that all the doctors and nurses at Long Island Jewish Hospital are quacks.....hmmm very interesting
so you are saying that all the doctors and nurses at Good Samaritan Hospital Medical Center (West Islip, New York) are quacks too???
The US is closing hospitals in a rapid pace! Capitalism and healthcare don't mix.
This has nothing to do with Capitalism and everything to do with government interference by the federal and State governments.
Your State governments authorize the existence of hospital monopolies and monopolistic cartels.
If that was "Big Oil" you'd be frothing at the mouth until you fell over backward and defecated and urinated on yourself.
Yet, you're strangely silent on the issue, which exposes your hypocrisy, not to mention your total lack of understanding.
Your governments caused this, not Capitalism and not the Free Market Economic System.
The Free Market is about voluntary transactions. Being compelled by your State government to purchase insurance coverage one neither needs nor wants is proof of the total absence of a Free Market.
The fact that your State governments gladly allow monopolies to exist is also proof of the absence of a Free Market.
When do you plan on mustering up the courage to protest those monopolies?
Which is....a lack of affordable healthcare or health insurance. Many have found they have no choice but to resort to Medicaid of SSDI in order to provided medical care for their family.
More perplexing is the Medicare for all in liberal means anyone who makes it to the border. Don’t think that’s true, take a look at California and the beginning proposal for free healthcare for illegals.
More perplexing is the Medicare for all in liberal means anyone who makes it to the border. Don’t think that’s true, take a look at California and the beginning proposal for free healthcare for illegals.
Would you rather those who need medical help die? No matter what their status?
Would you rather those who need medical help die? No matter what their status?
Would you rather have a flood of illegal aliens come here for free health care and bankrupt the entire system?
The fact is, we can't afford medicare for all for American citizens, let alone anyone else who just decides to show up. The Mercatus Center states in its cost estimate of Bernie's M4A plan, "It is likely that the actual cost of M4A would be substantially greater" than even the 32.6 trillion estimated for the first ten years of the plan. Doubling all corporate and individual income taxes won't even be enough to pay for it. It is simply not affordable now, and it becomes even less so in the future. https://www.mercatus.org/publication...medicareforall
Would you rather have a flood of illegal aliens come here for free health care and bankrupt the entire system?
The fact is, we can't afford medicare for all for American citizens, let alone anyone else who just decides to show up. The Mercatus Center states in its cost estimate of Bernie's M4A plan, "It is likely that the actual cost of M4A would be substantially greater" than even the 32.6 trillion estimated for the first ten years of the plan. Doubling all corporate and individual income taxes won't even be enough to pay for it. It is simply not affordable now, and it becomes even less so in the future. https://www.mercatus.org/publication...medicareforall
You are avoiding the question. Would you rather people die by denying them needed medical aid? It doesn't matter their legal status, they are all human beings. Would you rather have them die, that was my question, and you did not answer that.
Gee Frank, are you 65? Are you already on Medicare? If not, you have no clue what you are talking about!
Medicare and Social Security are two of the most wonderful programs ever devised in the US. Older Americans would be dying in droves without it!
Now Medicare for all, not so sure about. Not only would there be a problem paying for it that manure concerned about but, I hate to break to to some folks, Medicare is not free. When the "Bleeding Hearts" get ahold of it, are they going to waive the premium for those deemed too poor to pay? Medicare Part B only pays 80%, what about what's left, who will pay that? What about Drugs, Medicare does not cover that unless you get a Part D Plan which is not free either. Even with a Part D, there are still significant co-pays. I'm sure when these politicians are thinking about Medicare for All, that's not what they mean, they mean just plain health care for all, no premiums, no rules, everything is paid for by "Someone Else"
No.
Think about this.
Almost everyone who works contributes to the cost of SS and Medicare for OTHER people who are collecting it now.
They also likely pay towards health insurance premiums for themselves and their families.
Why shouldn't those payments that are already going to Medicare go towards health care access for those who are already contributing to it?
Why should people have to pay twice, particularly when there is no guarantee that they will ever be able to utilize the Medicare that they are paying for NOW?
That's because someone else was paying, the US taxpayers!
Who pays for Medicare?
The US taxpayers.
Why is that different?
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