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Louisiana Heart Hospital closing

Posted on 1/31/17 at 12:16 pm
Posted by GEAUXT
Member since Nov 2007
29210 posts
Posted on 1/31/17 at 12:16 pm
LINK

quote:

"Despite strong quality rankings and recent volume growth, Louisiana Heart Hospital has faced significant financial challenges in recent years. Like many hospitals around the nation, we struggle to balance shrinking reimbursements with rising operation costs," said Scott Boudreaux, chief executive officer for the hospital.


I knew they were having budget problems (like most every hospital), but they have been steadily hiring on new doctors.
Posted by Mac
Forked Island, USA
Member since Nov 2007
14656 posts
Posted on 1/31/17 at 12:19 pm to
Posted by GEAUXT
Member since Nov 2007
29210 posts
Posted on 1/31/17 at 12:43 pm to
Well I thought it was important

:|
Posted by Shepherd
Member since Nov 2009
2942 posts
Posted on 1/31/17 at 1:02 pm to
Dude I literally laughed at you being dissapoint.
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 1/31/17 at 1:32 pm to
Were are they located at? Never hear of it. Ochsner in New Orleans is growing big time.
Posted by Giantkiller
the internet.
Member since Sep 2007
20254 posts
Posted on 1/31/17 at 1:36 pm to
I think they're in Lacombe. If so, I worked there when it was being built. Just couldn't MAGA fast enough over there.
Posted by Oyster
North Shore
Member since Feb 2009
10224 posts
Posted on 1/31/17 at 1:42 pm to
It is in Lacombe. Really nice hospital. It is a shame to lose it.
I think many hospitals over expanded thinking ACA was going to be a medical boom.
Posted by WarmBubble
Member since May 2007
1891 posts
Posted on 1/31/17 at 1:46 pm to
St. Bernard hospital will be closing soon, too.
Looks like the Big O will be taking over. I assume Ochsner will make a run at LHH if they haven't done so already.
Posted by honeytigre
laplace, les places, des places
Member since Nov 2011
291 posts
Posted on 1/31/17 at 1:47 pm to
opened in 2003, acquired by Cardiovascular Care Group in 2011. had a great reputation -- good article and comments from nola article LINK.

this part of interest: The public gained a peek at the hospital's financial situation in 2013 when it engaged in a legal skirmish with the St. Tammany assessor's office over property taxes. The assessor's office set a fair market value of almost $26 million on the hospital's buildings and property. That was was more than double the $10.8 million value sought by the hospital, located on Louisiana 434.The hospital appealed to the state Tax Commission, which investigated the matter and set the fair market value at $23.4 million. The hospital appealed that decision to the 19th Judicial District, which in March 2015 affirmed the Tax Commission's valuation.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120165 posts
Posted on 1/31/17 at 1:52 pm to
Only huge hospitals corporations like Ochsner are viable in this new environment.

Thanks Obama
Posted by GEAUXT
Member since Nov 2007
29210 posts
Posted on 1/31/17 at 2:16 pm to
quote:

Looks like the Big O will be taking over.


Ochsner is taking over everything. It really sucks for both the patients and the health care providers.

It's really a shame West Jeff and EJ couldn't come together under a single umbrella to stem the tide.
Posted by Black n Gold
Member since Feb 2009
15407 posts
Posted on 1/31/17 at 2:21 pm to
quote:

St. Bernard hospital will be closing soon, too.


Seriously? That place can't be 5 yrs old.
Posted by member12
Bob's Country Bunker
Member since May 2008
32089 posts
Posted on 1/31/17 at 2:24 pm to
quote:

. Like many hospitals around the nation, we struggle to balance shrinking reimbursements with rising operation cost


I thought Obamacare was going to fix all of this?
Posted by Ashwednesday666
Gulf Coast to New Orleans
Member since Dec 2016
152 posts
Posted on 1/31/17 at 2:44 pm to
My wife started in 07', don't know when it opened.
Posted by biglego
Ask your mom where I been
Member since Nov 2007
76170 posts
Posted on 1/31/17 at 2:49 pm to
quote:

quote:
St. Bernard hospital will be closing soon, too.


Seriously? That place can't be 5 yrs old.

It's pretty new. Guess it's not a huge deal what company owns it, as long as it stays open.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
64382 posts
Posted on 1/31/17 at 3:01 pm to
quote:

Like many hospitals around the nation, we struggle to balance shrinking reimbursements with rising operation costs


When I was in the hospital for open heart surgery they submitted to my insurance a total of a little over $1,000,000. That's for two heart surgeries, doctors (charged $200 every time they walked in my room), meds, lab work, everything. I was in the hospital from November 7 through December 8. The charge to just stay in the hospital,not counting everything else like my two surgeries was over $700,000.00. That means the hospital charged a little over $22,500.00 a day just to have a hospital room.

Not sure the exact total they "settled" on but I'm thinking it was around $200,000.
This post was edited on 1/31/17 at 4:20 pm
Posted by biglego
Ask your mom where I been
Member since Nov 2007
76170 posts
Posted on 1/31/17 at 3:05 pm to
quote:

they submitted to my insurance a total of a little over $1,000,000,000. T

Sounds like a good deal
Posted by Panny Crickets
Fort Worth, TX
Member since Sep 2008
5596 posts
Posted on 1/31/17 at 3:17 pm to
quote:

Darthy


That's how it works, Bubba.
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 1/31/17 at 3:25 pm to
"If you like your hospital you can keep your hospital. Not so fast there Louisiana Heart Hospital."
Posted by GEAUXT
Member since Nov 2007
29210 posts
Posted on 1/31/17 at 3:29 pm to
quote:

Not sure the exact total they "settled" on but I'm thinking it was around $200,000.


So insurance paid 20% of their fee. I'd like to see any other business that could survive on those margins.
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