bravotwozero

Chronically ambitious
15+ Year Member
Sep 19, 2004
1,841
1,262
38
Houston
Status
Attending Physician
Here's the consensus: we're all screwed. The question is, to what degree?
 

NurWollen

Strong with the Force
10+ Year Member
Dec 27, 2007
3,606
2,886
United States
Status
Fellow [Any Field]
Private equity firms now control many hospitals, ERs and nursing homes. Is it good for health care?

A small excerpt from an overall good read.

"A small number of providers are driving up the cost of care for the people and customers we serve," she said. "This is particularly evident with private equity-backed physician staffing companies like TeamHealth." United Healthcare provided NBC News with examples of TeamHealth costs far exceeding median charges for specific emergency department procedures. A patient visiting an emergency department with chest pains, for example, would face a median charge of $340, United Healthcare said, versus a TeamHealth bill for $976. Stitches on a minor cut would be $200 at the median rate, compared with $888 from TeamHealth. And the median rate for a broken arm is $665, while TeamHealth's charge is $2,947. Lee of TeamHealth declined to comment on the figures."
Ooh, luckily we have those altruistic do-gooders at United Health¢are who want to expose TeamHealth's price gouging, for the good of All American$.

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