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ObamaCare also seeks to decrease the amount paid to hospitals for Medicare. However, hospitals have already agreed to this, since they know once everyone has insurance under the Affordable Care Act they will see a large influx in the amount of visitors to their hospitals. Therefore, they will at least break even, if not profit, while saving the tax payers money. Thus reforming the healthcare system.
Cleveland clinic could cut costs by not paying for so much annoying advertisements for starters.
Then there is this from a post on your link:
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Hospitals PURPOSELY charge high amounts because they need 'losses' to justify their tax exempt status. They then shift the loss to 'uncompensated rebate' program to DC (You and I pay for it with our taxes via Medicare ). The current system incents hospitals to charge giant bills - NOT TO COLLECT IT ALL, but rather, to 'write off' the portion not paid and claim 'tax emempt' status.
The insurance companies WANT patients to go to highest priced / charged hospitals because they make money on "Claims re-pricing". They back charge the employers group healthcare plans a part of the 'false savings'.
The whole system is corrupt. Go search and watch Dr. Keith Smith interviewed on Capital Account on u tube.
Where does it say that it's implementing budget cuts due to ACA?
“Healthcare reform has really changed things, and the burden of cost is going to be falling on patients,” she said. “We want to make sure we can keep care affordable.”
“Healthcare reform has really changed things, and the burden of cost is going to be falling on patients,” she said. “We want to make sure we can keep care affordable.”
I'd like to see proof of how the implementation of ACA necessitates the stated budget cuts. It's very easy to point the finger and blame ACA. I'm not even a fan of it but boy does it make a convenient excuse, doesn't it?
How they can make cuts, isnt the discussion, is it? The discussion is THEY ARENT SUPPOSED TO BE RECEIVING CUTS...
Perhaps under the ACA, they can no longer overcharge the patient and then claim this unpaid impossible bill as a loss and tax credit.
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And then there is the business model of “non-profit” hospitals, which are, in fact, among the most profitable enterprises in the country.
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MD Anderson’s operating profit in 2010 was $531 million on revenues of $2.05 billion. That’s a 26-percent profit margin, unheard of in any service industry other than hospitals. Being a “non-profit” organization, it pays no income taxes.
I'd like to see proof of how the implementation of ACA necessitates the stated budget cuts. It's very easy to point the finger and blame ACA. I'm not even a fan of it but boy does it make a convenient excuse, doesn't it?
When the Obama administration was selling the benefits of the Affordable Care Act in 2010, the hospital industry agreed to accept a $155 billion decrease in Medicare payments over a decade. The administration assured hospital executives that patients newly covered under the health-care law would make up for much of the loss
Not a single health care provider out there expects more money because of the ACA. A lot of healthcare construction has come to a halt and I'd bet that's where a majority of the $300,000,000 is coming from.
The CEO of our hospital chain expects a 4-5% bump up overall for us locally.
You're just throwing crap against the wall and hope something sticks..
The reinbursement rates are dictated by the federal government, not hospitals, nor patients.. Unless of course you are now suggesting that patients are paying cash, thus making the Obama claim that people werent paying hospital bills, an outright lie..
A. Millions of people can't afford health insurance.
B. All those people don't go to regular doctors, instead they go to the ER since they can't be turned away there.
C. Of course they can't afford insurance so they can't afford the cost for treatments, they default on their debts.
D. Hospitals have to recoup the loss, therefore start charging astronomical amounts for everything they do.
E. It now becomes more expensive for people to go to the ER.
F. Health costs go up
G. Health Insurance goes up
H. Less people are insured
I. More people go to the ER for every little thing
J. When people have a REAL emergency they have to sit in the waiting room with a bunch of people who can't afford health insurance.
Wash, rinse, repeat. Keep everything the same, like trickle down economics it will EVENTUALLY work, right?
Around here, the hospitals have been expanding and new one are being built, and there is a new urgent care in every strip mall, it seems. All big investments in anticipation of the ACA. The hospitals were among the strongest proponents of expanding Medicaid in Arizona over the objection of the tea baggers in state legislature.
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