Hospitals feeling the pinch

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posted on Nov, 26 2012 @ 07:25 PM
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Hospitals feeling the pinch

The "Pinch" of ObamaCare cuts to Medicare and Medicaid seems to be the problem.

If hospitals and clinics are faced with cutbacks, they will react by cutting jobs.

I think most hospitals and clinics might be owned by big corporations ?


Wake Forest Baptist Medical Center launched a distress signal in a gathering storm when it said on Nov. 14 that it will cut 950 jobs.

That storm has at its center national health care reform, possible lower reimbursements for Medicare and Medicaid services, and an increasing number of older patients who need more care.

The hospital industry is in for a direct hit — that’s not in doubt.

But mass layoffs may be only one of many solutions for the health care industry’s problems.

The problem for hospitals is choosing the right one: mass layoffs, refined management techniques or some middle ground.

Hospitals feeling the pinch




That’s a delicate balance, said Mark Graban, a national expert and consultant on health care management who lives in San Antonio, Texas.

“It’s easy to add up the cost savings of reduced payroll,” he said. “But it’s hard to add up the side effect of those layoffs.”

He said layoffs are sweeping the industry. Graban referred to a report from the American Hospital Association that says hospitals will cut 93,000 jobs during 2013.



It looks like there's always a "negative" for any "positive"

or is it a "positive" for any "negative" ?




posted on Nov, 26 2012 @ 07:53 PM
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So, including Hostess and this report, there goes ~115,000 good paying jobs. Just think, four more years. How many jobs can we lose? How many people will be required to work three twenty-nine hour jobs and still not make what they made on one forty hour one? What about bammy's promise that you could keep your current health insurance if you liked it? What you want doesn't matter. It is called the law of unintended consequences. Made even worse by a marxist trying to understand a "semi-free" market. It is going to be a bumpy ride as we race past mediocrity and slalom towards our goal of third world nation status. See you all at the bottom.



posted on Nov, 26 2012 @ 08:34 PM
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Something doesn't quite fit right with the excuse you're making. Obamacare never cut Medicaid, it actually funds 100% of the states' Medicaid once the states institute their health-exchanges.

Medicare cuts? Obamacare stopped subsidizing private-insurers, that was the big 'cut.' The government stopped handing out money to people who weren't using it for what they should have. On top of that, Obamacare now covers 100% of the cost of preventitive care...thereby increasing the need for doctors.

Now...if we do go over the fiscal cliff and cut $500 billion off of 'entitlements' like the GOP has been calling for then yes, I could see the need for hospitals to cut-back. However, claiming that Obamacare somehow made it so that hospitals will be making less money (even though there will be more patients and more money for patients to spend) makes no sense.



posted on Nov, 26 2012 @ 09:23 PM
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reply to post by links234
 


You might have a point, but what is this all about?.................


There are 600,000 physicians in America who care for the 48 million seniors on Medicare. Of the $716 billion that the Affordable Care Act cuts from the program over the next ten years, the largest chunk—$415 billion—comes from slashing Medicare’s reimbursement rates to hospitals, nursing homes, and doctors. This significant reduction in fees is driving many doctors to stop accepting new Medicare patients, making it harder for seniors to gain access to needed care.....

How Obamacare's $716 Billion in Cuts Will Drive Doctors Out of Medicare




posted on Nov, 26 2012 @ 09:32 PM
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reply to post by xuenchen
 


Right on Xuen... beat me to it! This is OLD NEWS... media has been reporting this for over 6 months. I find it ironic that selective amnesia gets combined with campaign talking points and then are resurrected in these forums. It comes across as BS legal double-speak. It sounds smooth, but rarely syncs with reality - as is clearly the case here.



posted on Nov, 26 2012 @ 09:41 PM
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reply to post by xuenchen
 


That $415 billion is on account of the automatic increases that would have come with medicare had Obamacare not passed. Basically, the government was actually forcing the cost of services to go up by automatically paying more money to health care providers. This automatic payment would occur with or without better services or the need for them.

It sounds like hospitals have been banking on the idea that they're going to make more money because the government was just giving it away...so they hired more people because they could afford to. The government (at least the democrats) realized this mistake and stopped it, now hospitals are realizing that they can't afford to employ more people. Essentially they were counting their chickens before they hatch.

Obamacare 'raids' Medicare? Not exactly

The 2010 Patient Protection and Affordable Care Act slows the growth in Medicare spending in several ways, including smaller automatic increases in payment rates for treatment providers and lower subsidies for private insurers. These two changes account for the largest savings -- $571 billion over 10 years, by the Congressional Budget Office's estimate. Both of them operate on the theory that the recipients of Medicare dollars can and should deliver better value of the money.
edit on 26-11-2012 by links234 because: Source for you.



posted on Nov, 26 2012 @ 09:43 PM
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reply to post by links234
 


Do you have any sources for this ?

interesting.





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