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Category: Cost of Healthcare

Rural Nursing Homes Closing in Unprecedented Numbers

Posted on January 27, 2023January 26, 2023 by Devon Herrick

Rural health care facilities are suffering. They’re closing amid depopulation, where the young leave for college and never return. Left in the community are those with less education and those who have aged out of the workforce. There are also fewer people with private health insurance and more on Medicare or Medicaid. Government health care programs pay less than private insurance and the fees paid by Medicare are often much lower than urban hospitals receive.

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Adding Insult to Injury: Hospitals Charge for Parking, Irritating Patients and Guests

Posted on January 26, 2023 by Devon Herrick

Stat News ran an article on hospital parking. It’s like adding insult to injury. In addition to patient care, hospitals are also in the business of making money off parking lots. People have no other option than to park their cars in hospital-owned lots when visiting a hospital or the medical office buildings nearby. There is even a Reddit group complaining about hospital parking fees. According to Stat News:

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Wednesday Links

Posted on January 25, 2023January 25, 2023 by John C. Goodman
  • Blue Cross say its reforms would save $767B over 10 years. Chief among them: pay the same price for medical care, regardless of where it is delivered. That means a facility can’t bill a higher rate to Medicare, just because it has a link to a hospital.
  • To save a child from a rare disease, a one-time injection costs $1.7 million. (NYT) I don’t have a problem with the cost. But who is going to pay for it?
  • Should doctors bill for answering patients’ emails? (NYT) I say, yes. Other professionals bill by time. Why should doctors do the same?
  • Ten myths About nutrition. Myth No 1: fresh is better than frozen, canned or dried fruits and vegetables.  (NYT)
  • 3 problems with Covid boosters: (1) the virus is evolving much faster than the vaccines can be updated; (2) vaccines have hard-wired our immune systems to respond to the original Wuhan strain, so we churn out fewer antibodies that neutralize variants targeted by updated vaccines; (3) antibodies rapidly wane after a few months.  (WSJ)
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The War on Drugs that Save Lives and Cure Diseases

Posted on January 24, 2023January 24, 2023 by John C. Goodman

About 85% of new medicines launched between 2012 and 2021 were available in the U.S., compared to 61% in Germany, 59% in the U.K. and 52% in France and Italy. Bluebird bio in 2021 said it was unwinding operations in Europe and withdrawing gene therapies for rare diseases, citing the challenges of “achieving appropriate value…

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For many years, our health care blog was the only free enterprise health policy blog on the internet. Then, when the NCPA closed its doors, the health blog stopped as well.

During this five-year hiatus no one else has come forward to claim the space. So, my colleagues and I have decided to restart the blog in connection with the Goodman Institute. We invite you and others to use this forum to share your views.

John C. Goodman,

Visit www.goodmaninstitute.org

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