2 ms·
Lots of people get pretty mediocre care in the US, our high spending isn't delivering for everybody. Hospitals complain that Medicare and Medicaid underpay, bu
by maxerickson 6y ago
Lots of people get pretty mediocre care in the US, our high spending isn't delivering for everybody.
Hospitals complain that Medicare and Medicaid underpay, but it's a modest amount, not something that explains the very high costs for other patients: https://www.aha.org/fact-sheets/2020-01-07-fact-sheet-underpayment-medicare-and-medicaid https://www.aha.org/fact-sheets/2020-01-07-fact-sheet-underp...
- syshum 6y agoI would not call 15% underpayment by 60% customers to be " a modest amount" if a company routinely had to settled 60% of its account payable with a 15% shave those companies would go out of business very quickly Also in the Hospital context there are other factors that drive up the costs. Keep in mind that about 70-80% of all US Hospitals are non-profit