Probably around 50 years after telephones made their arrived in doctors’ offices physicians stopped using them to communicate with patients. The reason was because health insurance enrollment was growing and third-party payers were not willing to reimburse for phone consultations, while few doctors wanted to work for free. That has been changing over the past few years (the former, not the latter).
Category: Doctors & Hospitals
How Colorado’s State-Owned, Nonprofit Hospital Makes Money
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….
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.