Posts Tagged ‘Patients

11
Mar
15

Fewer Uninsured. Hospital Profits Soaring. Thanks, ObamaCare

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Bruce Japsen: Hospital Profits Soar As Obamacare Prescribes More Paying Patients

Hospital operators continue to see profits and revenue not seen in a decade thanks to the Affordable Care Act and related efforts to sign up uninsured patients to coverage so facilities can reduce unpaid medical bills. Large hospital operators HCA Holdings HCA +2.78% (HCA), Tenet Healthcare THC +2.5% (THC) and Community Health Systems (CYH) in the last month issued robust 2014 earnings, revenues and large declines in uncompensated care costs, a key measure of expenses.

“We reported Tenet’s strongest quarterly EBITDA in more than 10 years,” Tenet chief executive officer Trevor Fetter boasted last week of a key earnings acronym in the hospital chain’s 2014 fourth quarter. Hospital operators are reporting more paying patients and fewer uninsured, which means far fewer unpaid medical bills. “For the last four quarters, the decline in self-pay admits and adjusted admits and the increase in Medicaid in expansion states have grown quarter over quarter,” Community Health CFO Larry Cash said.

More here

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15
Dec
14

The President and First Lady’s Day

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President Barack Obama addresses an audience of armed forces at Joint Base McGuire-Dix-Lakehurst, New Jersey. President Obama thanked the troops for their service and marked the end of the combat mission in Afghanistan. ahead of the upcoming holidays

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President Barack Obama returns a salute as he steps off Marine One helicopter upon his return on the South Lawn of the White House

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First Lady Michelle Obama reads “Twas the night before Christmas” to patients, families, and staff at Children’s National Health System in Washington

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Video Here

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First Lady Michelle Obama and First Dog Bo

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First Lady Michelle Obama greets patient 14-year-old Nataya Miller while she visits patients, employees, and volunteers at Children’s National Health System in Washington DC




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