Wednesday, December 29, 2021

For Hospitals, It's All About the Money

During my lifetime hospitals were actual non-profits and they kicked in a lot of charity, too.  That's why hospitals used to have charity balls and auctions.  They were fund-raisers offsetting the losses hospitals usually incurred due to charity writeoffs.

That has changed.

Hospital treatment of Wuhan Flu can be very nice, indeed.

Take, Remdesivir.  Please!!

Remdesivir is a drug invented during the AIDS crisis (yes, Fauci) which turned out to create serious liver and kidney problems.  So Fauci & Co. decided to bring it back for an encore to 'treat' the ChiCom Lung-Rot.

Under CMS (the old CMMS) rules, using Remdesivir gets the hospital an extra 20% pop on the cost of the drug.

But there's more!!

Besides that 20%, the hospital will ALSO get a bonus reimbursement to mitigate their 'loss' of $30K on any Medicare/Medicaid patient.

...the hospital gets reimbursed for 65% of the initial cost as well, which explains why they have been in such a rush to treat patients with remdesivir up front. How big a difference could this make per patient? How about close to $20,000?...

That might explain the "crowding" problem, too.  Get them in, get them on Remdesivir, get the bonus bucks, and treat liver or kidney failure downtrack!!

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