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Yes Hospitals worried about health care reform. They have even offered to give 155 billion to the federal government in negotiations to shape health care reform. Almost 100 billion of the 155 billion will be in the form of lower reimbursement rates for medicare and medicaid.
For all those that say that the medicare rates are too low and hospitals will go out of business if it becomes lower, apparently the hospitals don't agree with you since they are agreeing to take lower rates if they can continue to keep their gravy train.
The pharms are willing to pony up 80 billion as well. The hospitals and the Pharms are losing the fight in public opinion and now are trying to bribe the government to keep the free ride.
Is anyone suprised that our Hospitals are failing or in fact that most things in America are failing right now?
Greed destroys and we are becoming the most greedy, self absorbed country on the planet. I have travelled all over the world with my job and have watched America and Americans become so self obsessed that it is now destroying all we believed in.
America was the fairest Country in the world. No more, we are beginning to fall apart and it is now becoming a rich and poor America. The divide is widening and the poor are being treated like "Bums" and the rich think they are some kind of "Royalty". This is not how America became the Strongest Nation on Earth but it is how America will become one of the weakest with huge debt to foreign growing countries.
You can't run an "A" class system on "C" class money. You either do it properly or not at all. Medicaid is and always will be just a band aide to cover a gaping hole, it was doomed from conception.
According to this article the "savings" proposed by the drug companies, hospitals, AMA etc may not materialize. THey seem to be negotiating ploys to get other benefits from the healthcare reform plan.
According to this article the "savings" proposed by the drug companies, hospitals, AMA etc may not materialize. THey seem to be negotiating ploys to get other benefits from the healthcare reform plan.
Hopsitals already lose money on most medicare and medicaid patients. Cutting sounds good, but let's see how many hospitals run in to financial trouble as a result. Many "not for profit" hospitals actually make alot of money, so there is some fat there. However, pressing them to the point where they cannot operate helps no one. Same for office practices. Many practices run 50% overhead. If you cut reimbursement by 50%, docs would be working for nothing. The trick is cutting, but not causing hospitals and practices to go broke.
Here's an interesting note from a similar article.
Meanwhile, the Post reported that hospital officials have an understanding that if the final health-care reform legislation includes a new government-sponsored insurance program, it won't pay at Medicare or Medicaid reimbursement rates. The hospital industry has long argued that those rates don't cover the cost of services.
It's interesting to note that the reductions would not begin for several years, until "a significant number" had enrolled in the new government insurance program. So, hospitals will cut their costs, even below what Medicare and Medicade pays? I suppose the private insurance policies will have to take the hit for the loss,..at least until they go out of business.
Doesn't make sense, and the numbers don't add up. More smoke and mirrors.
So far, if hospitals must charge X to paying customers to cover unrecoverable bills and expect to see the government come up with enough new paying customers to stop this bleed, those now paying more might see a decrease but wouldn't the hospitals still be bringing in the same amount, just from a different source?
Which may well be the same source, the taxpayer,since those that aren't paying now (not enough money for health ins) will be the same ones getting their new insurance paid for)
Wow...was that coherent??
If they will cut costs, even though now don't, how do you think costs will be cut?
Aren't cuts generally made first in employee wages/benefits ?
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