Evil Cost-shifting in Hospital Administration.
Friday, May 17th, 2013 10:23 amProbably news to nobody reading here, but it was such stunning evidence of greed in the hospital industry I just had to memorialize it.
This is from 17 May 2013 NYTimes article on the East Coast hospitals with the highest billing and payment. There's such a disconnect between what's charged and what's customarily paid that one must account for both. The users who pay the most are the uninsured; Medicare pays the least, and most insurance companies negotiate something in-between. ( Bayonne Medical Should be Bayonne Financial )
This is like buying a towing company, distributing your equipment to all roads in town, and then digging ditches across the road to guarantee business. As![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
laceblade would undoubtedly say, This shit is wrong!
ETA to fix erroneous time travel
This is from 17 May 2013 NYTimes article on the East Coast hospitals with the highest billing and payment. There's such a disconnect between what's charged and what's customarily paid that one must account for both. The users who pay the most are the uninsured; Medicare pays the least, and most insurance companies negotiate something in-between. ( Bayonne Medical Should be Bayonne Financial )
This is like buying a towing company, distributing your equipment to all roads in town, and then digging ditches across the road to guarantee business. As
laceblade would undoubtedly say, This shit is wrong!ETA to fix erroneous time travel