National hospital chain, Quorum Health, is moving its assets into a “nonprofit” entity so that it can milk government spending programs like 340B and stop paying taxes…
One of those opportunities is 340B Drug Pricing Program eligibility, which the health system said will bring $11 million in value every year. Tax exemptions will also bring $13 million in annual savings, it added.
Source: Unleash Prosperity Hotline
I have written about numerous examples of abuse over the years. From anesthesiologist-owned lab that charged a Texas woman $17,850 dollars for urine drug screen that should have lost less than $100; to a Florida woman charged 15,242 for preventive injections in case she was exposed to rabies, 10 times what other facilities charged. There was the New York man whose assistant surgeon charged $117,000 for a service that Medicare would only have paid $850. Then there are air ambulance rides that cost $1,000 a mile. A Colorado woman was erroneously told her copay would be $1.337 but was later hit with a $230,000 surprise bill. When a jury said she did not owe it an appeals court ruled in favor of the hospital. There are examples of doctors charging hundreds to remove a splinter, claiming it meets the criteria of surgery. Some private equity-owned facilities charge double when a colonoscopy requires polyp removal. These examples are exceptional only in how common they are.