UCHealth … has $5 BILLION in its hedge fund, and its CEO (I think) made $8m. It hasn’t filed a 990 for years as far as I can tell. Which is probably illegal.
UC has been getting collection agencies to sue patients who owe them trivial amounts of money, and hiding the fact that UC is the actor behind the suit…. The tales here are awful. Little old ladies being forced to sell their engagement rings, and uninsured immigrants being taken to the ER against their will and given a total runaround on costs until they end up in court.
What’s the end story here? UC Health gets a measly $5m (or a share of it) a year from all these lawsuits which is less than the CEO makes….
Category: Doctors & Hospitals
Monday Links
- How the Eugenics Movement found its way into American law. (Missing: the word “progressive.”)
- Cato: 8 reforms for Medicaid. Missing: giving money to the beneficiaries and allowing direct primary care.
- “Two years into the pandemic, more than 150,000 US nursing home residents had died of COVID-19 – roughly 10% of the total U.S. nursing home population. Sadly, well-intentioned lockdowns made things worse.”
- Share of GDP spent on long term care varies from under 1% in Spain to over 4% in the Netherlands. Lots of data from a study by Gruber, et. al.
Saturday Links
- Eugene Steuerle on why Donald Trump and other wealthy people like to borrow. Recommended
- New evidence that Covid was developed in a lab. (WSJ)
- There are over 10,000 known rare diseases and most don’t have a drug approved to treat them. The FDA has approved over 19,000 prescription drugs. Could AI find cures in the 19K to treat the 10K? (WSJ)
- After Morley Safer attributed France’s lower rate of heart disease to drinking red wine in a 1991 segment of 60 Minutes, red wine sales in the United States jumped 40 percent. New research says that’s all wrong.
- AFP: What is an HSA? (30 sec video)
- AFP: How does an HSA benefit you? (30 sec video)
- Members of Congress are upset that Pfizer gave a $50 donation to Dying with Dignity, Canada.
- Danger at the beach: Sand holes are about as deadly as sharks.
Tuesday Links
- Conflicting advice on how to live longer: Dr. David Sinclair, author of Lifespan, argues that it’s very important to limit the amount of protein in your diet. Meanwhile, Dr. Peter Attia, the author of Outlive. argues that it’s very important to have a high protein diet – eating far more protein that the standard recommended daily allowance guidelines show.
- Around 2% of babies in the US are now born through IVF.
- Google’s AI chatbot refuses to say if Hitler or Musk is worse.
- How we’re coming apart — politically speaking.