New Medicaid Rule Adds Fuel to The Fire of Commercial Hospital Price Inflation, Health Affairs Opinion Piece Hospital services prices grew faster than any other sector of the US economy. To address the underpayment of hospitals by Medicaid, the federal government issued a regulation correcting the underpayment of hospitals. However, the issue of higher prices and Medicaid paying more to correct the underpayment does not fit in the opinion of The...
Read More »New Medicaid Rule Gives Hospitals Greater Market Power
Increasing profits far above actual costs. Think Medicare Advantage as compared to Medicare. Over the past 20 years, the prices of hospital services have grown faster than any other sector of the US economy. Unfortunately, the federal government recently issued a regulation intending to address underpayment of hospitals by Medicaid. However, the new rule could push hospital prices higher for 66 percent of the US population who have commercial...
Read More »Not All Non Profit Hospitals Deserve Tax Exemption Status
This is the third or forth I have seen concerning Non-Profit hospitals. The issue being whether a Nonprofit hospital provide enough nonprofitable care to be considered nonprofit which entitles them to tax exemptions. As the authors discuss, some for-profit hospitals provide greater nonprofit care. Read on and I am sure there will be more to come on this topic. Do Nonprofit Hospitals Deserve Their Tax Exemption? NEJM, Ge Bai, Sunjay Letchuman, and...
Read More »Not All Non Profit Hospitals Deserve Tax Exemption Status
This is the third or forth I have seen concerning Non-Profit hospitals. The issue being whether a Nonprofit hospital provide enough nonprofitable care to be considered nonprofit which entitles them to tax exemptions. As the authors discuss, some for-profit hospitals provide greater nonprofit care. Read on and I am sure there will be more to come on this topic. Do Nonprofit Hospitals Deserve Their Tax Exemption? NEJM, Ge Bai, Sunjay Letchuman, and...
Read More »Hospital and Pharmacy’s Profit Stream that Was Supposed to Help Patients
This is a long post. Briefly in the beginning, the article discusses what the 340B program is about. It is pretty simple. The government has the pharmaceutical companies provide drugs to low income neighborhood facilities at a much lower price than what they would charge to hospitals in higher income areas. This is based upon the income of patients coming to the hospital. The hospitals are to pass the savings on to the patients. For some reason, the...
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