“US hospitals face a disincentive to improve care because they make drastically more money when surgery goes wrong than when a patient is discharged with no complications, a study published Tuesday found. An estimated $400 billion is spent on surgery in the United States every year. Privately insured patients with complications provide hospitals with a 330 percent higher profit margin than those whose surgeries went smoothly. Patients whose bills are paid by Medicare — a government insurance plan for the elderly and disabled — produced a 190 percent higher profit margin when complications arose following surgery.”
Related posts:
Pope Francis warns Latin America against legalizing drugs
Microsoft Removes Glowing Mention of ICE Contract After Protests
Mexico's Vicente Fox pushes marijuana debate to forefront
Obamacare hides switch of subsidies from young to old, says study
Tulsa police officer arrested for engaging in prostitution
Canada Announces Full Marijuana Legalization With Government-Run Stores
Company pensions in peril as shortfalls hit record
‘No frills’ Indian hospitals offer $800 heart surgery
Arkansas man gets prison term for smuggling paddlefish 'caviar'
'Drop Dropbox' protests as wiretap proponent Condoleezza Rice joins
NJ Supreme Court Rules State Can Seek Custody Of Child Without Evidence Of Abuse
With Affordable Care Act, Canceled Policies for New York Professionals
Inside the Bitcoin advocates’ closed-door meeting with federal regulators
Hundreds of thousands march against austerity in Portugal
Congress still at near-record low approval rating