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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHHS: Hospitals saved billions under ObamaCare
As predicted.
http://thehill.com/policy/healthcare/236603-hhs-hospitals-saved-billions-under-obamacare#.VRCxeH64hpw.facebook
HHS: Hospitals saved billions under ObamaCare
By Sarah Ferris - 03/23/15 11:09 AM EDT
A massive expansion of insurance programs like Medicaid and a drop in emergency room visits saved hospitals at least $7.4 billion over the last year, the Obama administration announced Monday.
With millions more people covered under ObamaCare last year, hospitals faced fewer bills from patients who lacked insurance and were unable to pay. Hospitals also saw fewer emergency room visits, which rack up far higher costs and often leave hospitals with the tab.
The costs of those services known as uncompensated care dropped by one-fifth nationwide in 2014, according to a government report released Monday.
The Department of Health and Human Services (HHS) released the findings to mark the fifth year since the passage of ObamaCare.
sheshe2
(83,929 posts)Well done Obama.
Thanks for the news, bsis~
SharonAnn
(13,779 posts)developed by our Republican governor.
We have small hospitals closing, others on the brink, but "no to Obamacare" won in the GOP legislature here.
It was unbelievable, except for the fact that is the TN GOP legislature.
guillaumeb
(42,641 posts)to save the country billions of dollars. The sheer horror of it all.
What next, better health outcomes for Americans?
msongs
(67,453 posts)IronLionZion
(45,540 posts)Because corporations do get plenty of profit from Medicaid and Medicare. If everyone was covered universally under single payer, they would be rolling around in guaranteed profits forever!
If you think about it, single payer really is the most pro-business plan.
Cha
(297,723 posts)it's saving MONEY!
Mahalo babylonsistah
Cha
(297,723 posts)progressoid
(49,999 posts)I'm sure they'll pass the savings on to us.
Dopers_Greed
(2,640 posts)"You don't actually believe those numbers, do you?"
hue
(4,949 posts)When someone has insurance they are able to go to a walk-in clinic or urgent care clinic and do not need to rely on an emergency dept. for health care. Thus the hospital is free to take care of true emergencies. Waiting rooms were, in previous years, packed with Patients who had no insurance whatsoever. According to COBRA and EMTALA laws an ER cannot turn anyone away. Some for profit hospitals were charging fees up front in order to be seen by a nurse practitioner or doctor.
Uncompensated care, as mentioned above, was a huge deficit for healthcare organizations and it affected, and still does to a much lesser degree, all who try to deliver a high level of healthcare to all.
geretogo
(1,281 posts)cynzke
(1,254 posts)Check out what Rubio and Ryan have planned. Ryan would allow states to OPT OUT of the ACA mandates. What a cop-out. Leave it to the States to be the bad guys! Coward. And despite all the complaints by right wingers about taxpayers having to pay the bill, the GOP plans are financed by the government too! When you have citizens who can't afford healthcare, you have to help them financially. There is no way around that. ACA is saving money, a good thing.
http://thehill.com/policy/healthcare/236599-rubio-rolls-out-obamacare-alternative
Fritz Walter
(4,292 posts)These hospitals might tell their lobbyists -- and, yes, even the non-profits have well-paid lobbyists -- to share that good news with Senators and Representatives.
Unless, of course, they have a conflict of interest in so doing.