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Remember, hospitals make a killing off of Covid positive patients with the funding. Not sure if the money flow will stay the same going forward, but it's been a cash cow for them so far. A homeless person or a person with insurance are both windfalls for hospitals because of how the funding works.
Remember, hospitals make a killing off of Covid positive patients with the funding. Not sure if the money flow will stay the same going forward, but it's been a cash cow for them so far. A homeless person or a person with insurance are both windfalls for hospitals because of how the funding works.
Go and re-read your post - it makes no sense at all. And if think you are conveying your message correctly, perhaps you should retake elementary English.
Go and re-read your post - it makes no sense at all. And if think you are conveying your message correctly, perhaps you should retake elementary English.
Remember, hospitals make a killing off of Covid positive patients with the funding. Not sure if the money flow will stay the same going forward, but it's been a cash cow for them so far. A homeless person or a person with insurance are both windfalls for hospitals because of how the funding works.
Please explain how a homeless person is a windfall for a hospital.
Please explain how a homeless person is a windfall for a hospital.
Tens of billions of dollars were allotted to pay hospitals monies for uninsured covid patients. That's money they would normally not get, but if they label them as covid, they get $$$$$.
Tens of billions of dollars were allotted to pay hospitals monies for uninsured covid patients. That's money they would normally not get, but if they label them as covid, they get $$$$$.
Its also patients they wouldn't "normally" treat. I don't get how that's a "windfall". Are you suggesting that there is no cost to a hospital for treating it a patient with covid?
Last edited by Royal James; 09-25-2020 at 07:13 PM..
Tens of billions of dollars were allotted to pay hospitals monies for uninsured covid patients. That's money they would normally not get, but if they label them as covid, they get $$$$$.
Did you read the article you linked; the administration allocated an unspecified amount. You make it sound like it is more than they would get for someone who has insurance, not on your life. Plus hospitals can't negotiate the rate. Is it better than no payment, yes. Is it a "windfall", no way! This is a way to help so treating homeless patients with COVID will not bankrupt public hospitals. These hospitals normally treat homeless patients and get no money in return. BTW you made is sound like they could just claim COVID and get paid, NO. That is not how the govenment works, hospitals will need to document proof of diagnoses.
Did you read the article you linked; the administration allocated an unspecified amount. You make it sound like it is more than they would get for someone who has insurance, not on your life. Plus hospitals can't negotiate the rate. Is it better than no payment, yes. Is it a "windfall", no way! This is a way to help so treating homeless patients with COVID will not bankrupt public hospitals. These hospitals normally treat homeless patients and get no money in return. BTW you made is sound like they could just claim COVID and get paid, NO. That is not how the govenment works, hospitals will need to document proof of diagnoses.
There are other reports stating the amount is anywhere from 20% above normal to 300% above normal, depending on situations. No matter how you cut it, hospital executives are very well aware of the financial benefit to them the more they can claim a Covid patient.
There are other reports stating the amount is anywhere from 20% above normal to 300% above normal, depending on situations. No matter how you cut it, hospital executives are very well aware of the financial benefit to them the more they can claim a Covid patient.
I don't know how much it costs to treat patients. I assume it varies a great deal, certainly ICU is super costly.
On the flip side, I would think that patients being hotelled (homeless? LTC?) because they have nowhere else to go, probably don't require a whole lot beyond simple monitoring.
I had thought early on that the government had assured people that COVID care was going to get covered either by CARES or insurance.
These are the CARES distributions as of last week (so JUST HHS distributed money for COVID treatment). In the grand scheme, maybe not a lot, but every dollar helps the bottom line of the 'business' side of hospitals.
Certainly wouldn't call it a windfall, but if the beds are allocated and no one else is using them, mine as well have them filled and make something.
Cares General Distribution (I just cut off the top few rows. There are hundreds of providers paid).
Quote:
General Distribution ($50 billion)
$50 billion is allocated proportional to providers' share of 2018 net patient revenue. The allocation methodology is designed to provide relief to providers, who bill Medicare fee-for-service, with at least 2% of that provider's gross patient revenue regardless of the provider's payer mix.
Quote:
Targeted Distributions
High-Impact Distribution
HHS is allocating funding to hospitals that have a high number of confirmed COVID-19 positive inpatient admissions.
There are other reports stating the amount is anywhere from 20% above normal to 300% above normal, depending on situations. No matter how you cut it, hospital executives are very well aware of the financial benefit to them the more they can claim a Covid patient.
Sources please
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