Small potatoes maybe in the overall picture, but where I go for health care as far as a hospital may be one of the 50% in this country that are bordering on insolvency, so add on a legal suit to one of the “never-never” rules and then what happens? I am not speaking of wrong side surgeries, but more so the gray areas, blood clots and hospital acquired infections to be more specific.
Many insurance companies are following in the footsteps of Medicare and already I have heard complaints recently in southern California about how difficult the contractors have become with billing as well as the insurance companies so how this affects the gray areas remains to be seen. I have a series on “Desperate Hospitals” on the blog and was also featured on Reuters where you can read further about the status of affairs of many as relates to bankruptcy and stability.
This article too also mentions the financial crisis of Medicare to be continued too, so watch for the WSJ article that will make the recent economy picture and lack of funds look rather mini scale when you see what the unfunded status affairs of Medicare are. BD
Starting tomorrow, Medicare won’t pay hospitals for costs associated with a handful of complications the feds say are preventable. Some of the complications — such as bedsores, patient falls and blood clots in the veins after certain surgeries — are fairly common.
But as it turns out, the program’s effect on the bottom line looks to be minimal. Medicare estimates the no-pay rules will cut off about $21 million in payments during the fiscal year that starts Oct. 1. That’s a vanishingly small sum when you consider that Medicare’s total payments to hospitals for the year will be more than $100 billion.