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Hospital costs are rising which is putting them out of business, which causes mergers and takeovers by organizations that specialize in extracting profit out of
by mjfl 3y ago
Hospital costs are rising which is putting them out of business, which causes mergers and takeovers by organizations that specialize in extracting profit out of hospital services. These organizations do this by reducing costs by lowering nursing staff numbers to like 20% of what they were before, which pretty directly leads to lower quality service. The cost increases in the medical industry are quickly making the whole system nearly untenable. We could see a system collapse in the near future. One way of mitigating this is providing the same services outside of a hospital- for example the cardiologists leaving the hospital and starting a private practice. This leads to reduced overhead and maintains tenability of the whole system.
- wolverine876 3y ago> Hospital costs are rising which is putting them out of business Why are they rising so much?
- mschuster91 3y agoHere in Germany, we have similar problems. There's a combination of causes... and probably they're also applicable for the US: - rising costs of energy (electricity, gas) - decades of underfunding of building construction and maintenance, leading to a massive backlog of issues - same for IT - modern machinery (ultrasounds, MRTs, CTs) costs immense amounts of money - general staff shortages that need to be filled via expensive temp-staffing agencies on one side and cause wage rises for those employees that remain - as a result of that, beds have to be marked as "inoperative" and they don't generate income, whereas the expenses keep piling up (there finally are reform plans to pay hospitals for providing beds, but it's a ... let's say toxic minefield) - rising costs of administrative bullshit and legal compliance - insurances being utterly ridiculous regarding payments, both In the US, I'd add "more and more people unable to pay", which leads to the cost of care for these people being redistributed to everyone else.
- mschuster91 3y ago> One way of mitigating this is providing the same services outside of a hospital- for example the cardiologists leaving the hospital and starting a private practice Bad idea. If anything, what you need in a hospital is short paths to transfer people from one specialist department to another (or, should the patient be too unstable to transport, to call up the specialists to get down to ER), and you need integrated IT systems to not waste time with data transfer.