Democratic Primaries
Related: About this forumBernie Sanders decries planned closing of Philadelphia hospital
By HOLLY OTTERBEIN 07/07/2019 09:17 AM EDT
Sen. Bernie Sanders on Sunday assailed the planned closure of a hospital in the battleground state of Pennsylvania, saying it demonstrated the failures of the country's greedy health care system.
Company president Joel Freedman said he "relentlessly pursued numerous strategic options" to keep the Philadelphia-based Hahnemann University Hospital open, but it "cannot continue to lose millions of dollars each month and remain in business."
The Pennsylvania Association of Staff Nurses and Allied Professionals accused Freedman of having "basically plundered" the hospital, which dates back to 1848, "and driven it into the ground," according to a report.
"The business model of Americas current health care system is not about healing people or providing access to medical care it is about making as much money as possible for insurance companies, drug companies and wealthy investors," said the Democratic presidential candidate.
"The situation in Philadelphia illustrates the entire problem: In a city with one of the highest poverty rates in the country, a major hospital serving low-income communities is on the verge of laying off 2,500 people, abandoning 500 medical residents, and closing its operations thanks to an investment firm looking to make as much money as possible in a corporate fire sale."
more
https://www.politico.com/story/2019/07/07/bernie-sanders-healthcarephiladelphia-hospital-1399327
primary today, I would vote for: Joe Biden
brooklynite
(94,737 posts)How would Hahnemann have stayed open on that basis?
primary today, I would vote for: Joe Biden
Voltaire2
(13,174 posts)system. You do know that the private for profit health insurance system also negotiates hospital rates down as low as they can, right?
Under MFA the hospitals will get reimbursed at the same rate for every patient that gets served. No collections costs, no unpaid bills, no complicated multi vendor billing systems.
But for profit health services will continue to be vulnerable to market forces seeking ever higher profits.
primary today, I would vote for: Undecided
SMC22307
(8,090 posts)He's accused of viewing it as nothing but a real estate investment, valuing property value over patients. And according to the article at the link, his family "are the beneficiaries of a trust that owns 90 percent of the equity in the Philadelphia venture." And he has the gall to blame doctors for not stepping up to improve documentation and therefore, billing.
Fucking obscene Wall Street vultures.
https://www.inquirer.com/business/hahnemann-turnaround-closure-california-banker-joel-freedman-20190408.html
primary today, I would vote for: Undecided
George II
(67,782 posts)5 had positive revenue
1 was break even
8 lost money
primary today, I would vote for: Joe Biden
Voltaire2
(13,174 posts)primary today, I would vote for: Undecided
George II
(67,782 posts)primary today, I would vote for: Joe Biden
Voltaire2
(13,174 posts)So do you agree with Sanders?
primary today, I would vote for: Undecided
George II
(67,782 posts)...as they say, "charity begins at home"!
primary today, I would vote for: Joe Biden
lapucelle
(18,337 posts)primary today, I would vote for: Joe Biden
TexasTowelie
(112,441 posts)The declining demographics of college-aged students and more stringent financial requirements to maintain accreditation hit at the same time.
primary today, I would vote for: Joe Biden
SMC22307
(8,090 posts)primary today, I would vote for: Undecided
primary today, I would vote for: Joe Biden
SMC22307
(8,090 posts)--Expenses growing faster than revenue.
--Demographic decline creating a shortage of qualified staffers which leads to reduced patient loads and hiring of expensive temp workers.
--Declining local economies with more patients on Medicaid.
--Demographic shifts hitting rural areas, with communities shrinking by large numbers.
Google North Carolina rural hospitals and you'll see the same. We have a healthcare crisis in this country.
primary today, I would vote for: Undecided
SMC22307
(8,090 posts)could focus on the healthcare crisis we have in this country.
This is obscene.
primary today, I would vote for: Undecided
Voltaire2
(13,174 posts)Well done!
primary today, I would vote for: Undecided
SMC22307
(8,090 posts)What flag/symbol are they going to appropriate next, with us yielding?
primary today, I would vote for: Undecided
Voltaire2
(13,174 posts)The double twist.
Impressive.
primary today, I would vote for: Undecided
lapucelle
(18,337 posts)under the stewardship of an inept president?
primary today, I would vote for: Joe Biden
George II
(67,782 posts)primary today, I would vote for: Joe Biden
JoeOtterbein
(7,702 posts)Always super cool to see it here first!
primary today, I would vote for: Undecided
Uncle Joe
(58,423 posts)Thanks for the thread DonViejo.
primary today, I would vote for: Undecided