I began my career in health care working as an accountant for a nonprofit hospital. One of our senior finance executives did a case study of how much the heath care system saved compared to a for-profit system that had to pay taxes. I don’t recall all the details, but it was in the neighborhood of $100 million dollars in 1990. About that same time the accounting managers were told we could no longer write off bad debts to charity care. Charity care had to be granted to deserving patients; we weren’t allowed to decide after not getting paid that care must have been charity.
Category: Doctors & Hospitals
Wednesday Links
- Why patients don’t get enough pain medicine: doctor indifference and drug thieves.
- The annual retail value of goods Americans buy and then return approaches a trillion dollars. HT: Tyler
- Main drug killer of 35 to 44-year-old adults by far is synthetic opioids.
- Should we care about “forever chemicals” that lurk in so much of what we eat, drink and use? Studies show they are bad for rats. (NYT)
- Man believes pediatric doctor reported him to Child Protective Services in retaliation over a bad Google review.
- Richard Hanania with a commonsense review of the risks and benefits of the Covid vaccine.
Thursday Links
JAMA study: Air pollution associated with dementia. The study is behind a paywall, but if this is a typical medical study, no one asked if the parents or grandparents had dementia.
State CON regulations are hurting patients.
Where the highest-paid doctors live: South Dakota, North Dakota, Alaska, and Wyoming.
Tyler Cowen has an explanation for this: Rural America has about 20 percent of the U.S. population but about 10 percent of its doctors.
Wednesday Links
- Jeff Goldsmith does an about face: vertical integration in health care doesn’t work.
- Study: Which matters more for ER spending – price increases or upcoding? Next study should examine the IQ of the insurers who pay the ER fees.
- 99% of hospitals pharmacists report drug shortages, causing 85% to ration treatments and 84% to rely on different dosages. (STAT)
- Another cost of covid lockdowns: fewer stage 1 cancers were diagnosed and treated – leading to more stage 4 cancers and deaths. (WSJ)
- The next president of Argentina may be a libertarian.
- School Choice in Los Angeles: It works.
- Scott Sumner has the best explanation I have seen on why inflation is a monetary phenomenon – something Keynesians have been slow to accept.