The biggest challenge facing hospitals right now isn't the lost revenue in recent months (which is, by all means, a significant challenge on its own). The biggest challenge is a shift in the insurance landscape, that is already underway. A thread (1/9):
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Bonus tweet: We've asked hospitals to run themselves as businesses. We don't do that with our fire departments, or our electric grids. A lot of what is playing out right now in health care is a direct consequence of that policy decision. (10/9)
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So who FIRST thought it was a good idea to profit off someone's illness or injury ?? I can understand keeping the lights on, but it always gets to the point of "give an inch, take a yard" !! This headline points that out.
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@sarahkliff in the comparison between Hopkins and Mayo, did you find different effects or impacts on Hopkins that resulted from operating under a global budget in Maryland? Are the losses, for example, mainly coming from their outpatient centers?Thanks. Twitter will use this to make your timeline better. UndoUndo
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Cut costs by getting rid of the 11 out of 12 administrators. Easy fix.
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Not sure if I want to get on a rant about Healthcare. Now that hospitals are in free fall trying to recoup their revenue losses....guess who's taking the full monty of "we're slashing your hrs, but do your job or else?" Nurses. Anyone contemplating nursing as a career? DON'T.
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Sigh ~ why did the US ever think it was a good idea to let the insurance companies fund the healthcare system?
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