1. Hospital administrations have one focus and one focus only and that is maximizing revenue
2. Insurance companies are a major mechanism by which they do that
@kenklippenstein.bsky.social
1. Hospital administrations have one focus and one focus only and that is maximizing revenue
2. Insurance companies are a major mechanism by which they do that
@kenklippenstein.bsky.social
In no scenario are patients ever viewed by either hospitals or insurance companies as customers
In no scenario are patients ever viewed by either hospitals or insurance companies as customers
But the gist is that neither insurance companies nor hospitals make more money if patients are happy
Happy patients do nothing for a hospital or an insurers bottom line
There is NO monetary advantage to having patient satisfaction
But the gist is that neither insurance companies nor hospitals make more money if patients are happy
Happy patients do nothing for a hospital or an insurers bottom line
There is NO monetary advantage to having patient satisfaction
While a healthy population makes it tough to make money
While a healthy population makes it tough to make money
5. Everyone in the system is miserable. Insurance companies, hospitals, doctors, nurses, patients
Why does it persist if it sucks so badly?
Money
For a very few people -- insurance company executives, hospital administrators, lobbyists and politicians
5. Everyone in the system is miserable. Insurance companies, hospitals, doctors, nurses, patients
Why does it persist if it sucks so badly?
Money
For a very few people -- insurance company executives, hospital administrators, lobbyists and politicians
And they are not going to let go of that without a ferocious fight
The slides here are from a presentation I made a decade ago:
www.gregorytravis.com/resources/St...
And they are not going to let go of that without a ferocious fight
The slides here are from a presentation I made a decade ago:
www.gregorytravis.com/resources/St...
i.e. something where supply and demand are easily met, regulated and rationed by the invisible hand/free market
This is a toxic fiction
i.e. something where supply and demand are easily met, regulated and rationed by the invisible hand/free market
This is a toxic fiction
It's not a discretionary purchase where they are free to walk away from the transaction if they don't like the terms
If your son or daughter has a malignant tumor, you can't shop around to get the best price like shopping for a car
It's not a discretionary purchase where they are free to walk away from the transaction if they don't like the terms
If your son or daughter has a malignant tumor, you can't shop around to get the best price like shopping for a car
🔺️So: tell your Members of Congress to get this done NOW. If telehealth expansions expire on Dec. 31, they are NOT coming back.
🔺️So: tell your Members of Congress to get this done NOW. If telehealth expansions expire on Dec. 31, they are NOT coming back.
www.gregorytravis.com/SARS-CoV-2/C...
www.gregorytravis.com/SARS-CoV-2/C...