I would be very interested in seeing some stats on Intermountain Health
Care (IHC). They claim they are not-for-profit, yet they enter into an EMR
venture with one of the biggest for-profit companies on the planet (GE).
When I was a practicing physician in the Salt Lake City area, I saw first
hand how their predatory business practices of funneling business from
their health plans to their doctors and hospitals while freezing out others
hurts everyone else. They control 60% of the market.
Hey!
Regarding the publicity surrounding the tax exempt status of non-profit
hospitals, both from the public at large as well as from legislators at the
state and federal level, I just wanted to make a suggestion to anyone
considering using those outsourced billing and collections agencies.
I just had to comment on the "questionable expenses the hospital covered
for its bigwigs" part of that interview. It is no big secret that the
hospital industry association known as HFMA (Healthcare Financial
Management Association) holds annual meetings in Las Vegas, Nevada, a state
that has legalized gambling and prostitution. One can only imagine how
eager some of these "bigwigs" are to get out to Vegas to spend some of that
money that they make while working for non profit and tax exempt hospitals.
If I were the IRS or the news media, I would be looking at that executive
compensation very carefully.
The interviewer asked why hospital profit was bad, but the whole issue
behind the hospital billing, collections, and charity care thing is that
many hospitals purport to be non-profits, and yet they look very much like
any other for-profit business, complete with money spent on advertising to
bolster their images (especially when they get into trouble, which has been
happening a lot lately with all the state attorneys general opening
inquiries around the nation).
Wow. Loved that reference to "hypocrisy" there, as I was just reading this
piece that appeared in a newspaper called Naperville Sun, an Illinois
newspaper, that was entitled "Hospital Giving is a Local Matter"--search it
on the web for the entire article.
This is such a great interview, here, that it makes readers want to learn
more about the political hot potatoe of an issue known as the America
Healthcare Crisis. In fact, I decided to see what this big industry trade
association, the HFMA, which is also known as Healthcare Financial
Management Association, had to say about the issue from their end of
things.
Nice interview, but while everyone is watching the Provena case in the
state of Illinois, perhaps anyone who knows of anyone who is just
absolutely being harassed by some of these predatory collections goons who
work on behalf of these price-gouging hospitals can use this resource for
help.
In reading this interview, I noted that the interviewer asked, "Given the
way that large companies can work legal and financial loopholes, do you
have reason to believe that the situation may be even worse than it seems?"
Great interview! And yes, there is a lot of hypocrisy going on in the
healthcare finance industry.
Great interview! And yes, there is a lot of hypocrisy going on in the
healthcare finance industry.
This whole issue has brought the hospitals so much bad PR that it is scary
to think about the fallout, which could very well be desperation in finding
competent and professional employees who want to work in billing and
collections either on site, as in working in the hospitals, or from the
outside, as in working within a private, for-profit company on behalf of
the hospitals. Upon perusing Career Builder from time to time, you can see
many hospitals constantly having open positions, so you kind of worry about
the quality of people who will be handling medical and financial info now.
To answer the question as to why some profit is bad, it isn't about some
profit, per se, but that we keeping opening the papers only to see
non-profits slapped with lawsuits. Qui tam lawsuits. Medicare and Medicaid
make up a huge portion of the hospital revenues, and there is a lot of
abuse going on from that end of things let alone the issues of exhorbitant
drug markups and pricing well above actual cost. It is a sham to the nth
degree that taxpayers subsidize what basically amounts to legalized white
collar crime, if not a lot of already illegal white collar crime in terms
of Medicare/Medicaid fraud.
In reading "I don't need the hassle. I know what these hospitals are doing
to anyone who criticizes them. Doctors who write me are afraid of getting
fired," I would be interested in seeing more people come forward to talk to
the press about how they were treated by industry powers-that-be for trying
to draw attention to possibly unethical behavior.
So! Greedy pigs in the healthcare industry are now being terrorized by the
press, the lawyers, the IRS, and Washington in much the same way that they
have been terrorizing the nation's most vulnerable, which would be the poor
patients who didn't ask to get sick and whose only crime was getting sick?
Hah. Good!
On this "cutthroat young MBAs" issue. Can someone in the know get together
some information so that taxpayers can learn more about these collections
firms that everyone keeps talking about? I would like to research which
firms the local non-profit hospitals are using and see how often they sue
patients while also noting whether the hospital draws patients from a less
affluent zip code. Have no idea where to start. There should be an expose
on the collections companies, too, since they have so much contact with the
patients. Do the execs who run the hospitals even pay enough attention to
what is going on in those firms they send the work out to? It basically
sounds like they make a lot of money and spend it in Las Vegas and then
they finally wake up when the proverbial (expletive deleted) hits the fan.
More info please. We citizens want to know more. Who is doing the lawsuits
and collections? And do the people who run firms with self-pay patient
collections divisions have any conflicts of interest, like also being on
boards for various hospital-related trade associations? Is there the
potential for a lot of back-scratching to keep everyone mum about abuses in
the system within the industry? Inquiring minds demand to know.
Interesting interview and comments. And lookie here at what was found at
policymattersohio.org site. "Panel Explores Nonprofit Hospitals' Charity
Care, Tax Breaks" is the name of a piece under something called "The Hannah
Report," and it is outrageous what is printed there for Thursday, June 16,
2005.
In that post about "junkets." Did not know what a "junket" was, so looked
it up. It is apparently a term used to describe trips taken around the
world at someone else's expense, like government or taxpayers.
Have comments on this notion by some people that non-profit hospitals
aren't making much money, which is what the interview was trying to
discredit. They are making plenty of money, mainly because they understaff
and underpay their own employees while the top people make big salaries
that can even run up to a million or two million a year.
Re: Q. "What responses have you received, or press coverage, or support?"
Someone mentioned that HFMA association. I worked for a place once that had
top execs who were part of the HFMA running this place where we did some
work that involved contacting patients for various hospital clients.
I like it. 2 anonymous trouble makers interviewing each other! This is what
the web was meant for. However, to really make money you need to move from
being a hospital CEO to running an insurance company (as Jack Rowe did when
he went from Mt Sinai to Aetna)!
Good stuff, although I don't think in the grand scheme of things revoking non-profit status will do anything to help the problem of the uninsured that the Fariness Foundation folks claim they care about -- the Wa Po article this morning on the guy running the Fiarness Foundation showed a pretty direct connection with looney Rooney (founder of Golden Rule) and the other white guy in American healthcare who goes to an all-black church where he sits next to Richard Scrushy http://www.sourcewatch.org/index.php?title=J._Patrick_Rooney If you think that Golden Rule helps out the uninsured with their HSAs,then please come join the conversation over at my blog!