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Message
Federal Government Rejects LSU Hospital Privatization Deals
Posted on 5/3/14 at 12:26 pm
Posted on 5/3/14 at 12:26 pm
Advocate
Big news didnt see posted
quote:
The federal government Friday rejected the Jindal administration’s financing plan for privatizing the administration of LSU hospitals.
The U.S. Centers for Medicare and Medicaid Services questioned the administration’s use of $260.8 million in advance lease payments to prop up the deals involving six public hospitals, including those in New Orleans, Lafayette and Houma. If the decision stands, the state would have to find another way to cover those payments.
“It is not about how Louisiana manages its charity care system,” wrote Marilyn Tavenner, the administrator of the Centers for Medicare and Medicaid Services, in a letter released late Friday.
It’s how “specific financial transactions” are organized.
The private hospital companies leasing the state’s charity hospitals agreed to pay up-front a larger proportion of their long-term leases, which would result in paying lesser amounts toward the end of the contracts. But Tavenner wrote the arrangement amounted to Louisiana trying to get extra federal Medicaid dollars to repay private managers for those advanced lease payments.
Big news didnt see posted
This post was edited on 5/3/14 at 12:26 pm
7
Posted on 5/3/14 at 12:51 pm to Adam Banks
Explain to me why this is big news. How does it affect me?
This post was edited on 5/3/14 at 12:52 pm
Posted on 5/3/14 at 1:40 pm to theunknownknight
quote:
How does it affect me?
Enough that you would choose to open this thread. However considering there is an LSU hospital in essentially every region in this state and is a huge primary driver in education of doctors and allied health professions, provider of indigent care, and medical research for this state a decision that has the ramifications of sending the system into turmoil is big news.
Posted on 5/3/14 at 2:05 pm to Adam Banks
Hmm
Huge sucking sound may start emanating from Essen Lane
OLOL deal was separate from this. Looks like BR will be serving most of the state if this holds...
Huge sucking sound may start emanating from Essen Lane
OLOL deal was separate from this. Looks like BR will be serving most of the state if this holds...
Posted on 5/3/14 at 2:09 pm to Adam Banks
Doesn't really surprise me. CMS is pretty stingy with who they pay. The costs of adhering to their rules and regulations outweighs the net benefits of the extra patients. However, Jindal was pretty myopic trying to privatize these hospitals
Posted on 5/3/14 at 2:13 pm to Adam Banks
quote:
The federal government Friday rejected the Jindal administration’s financing plan for privatizing the administration of LSU hospitals
Orders from on high to kill the process before it being given a chance to see how it would work. That it would come from Obozos people I find to be shocking, just shocking. NOT!! It didn't follow the bastards game(that is for anything he opposes) plan and had to be killed
Posted on 5/3/14 at 2:41 pm to theunknownknight
quote:
Explain to me why this is big news. How does it affect me?
Will blow a hole in the budget of several hundred million. That's all.
Posted on 5/3/14 at 5:23 pm to Adam Banks
I know from my wife's position at the hospital, that the Federal Gov't does not want private companies running hospitals and doing it cheaper. The Unions do not either. They will oppose any less gov't or any privatation efforts on hospitals. They want single payer socialist health care like Europe,Greece,and Venezuela. My family is in hospital management,we know. The Union leaders that attend those meetings are very anti-Free enterprise and Capitalist. They want Socialized medicine. That means the people do not pay for it, it's free. Taxes on businesses and business owners pay for it.
Posted on 5/3/14 at 5:41 pm to TupeloTiger
quote:
My family is in hospital management,we know.
no conflict of interest there.Posted on 5/3/14 at 7:42 pm to Adam Banks
I posted the following in another thread:
YOU will be directly affected by the Obama admin if you live in Louisiana.
And negatively. There are 6 state run hospitals that OUR Governor has lined up private corporate money to renovate, modernize, and run. We are talking over 800 million.
The state does not bear the full cost, there is tax payer federal money involved as well.
The Federal Govt. refused this deal offering no substantive reason for doing so.
So instead of hundreds of millions of dollars flowing into Louisiana's public healthcare system FROM PRIVATE COMPANIES, YOU if you are a resident of Louisiana will CONTINUE to pay for, either directly from paying taxes,or indirectly as the State will have to make budget adjustments.
This affects the State budget throughout, not just the public healthcare system in Louisiana and YOU will be affected because of the denial of O's Federal govt.
If you think that private money and privately run hospitals are not a good idea?
Perhaps you want to talk with some folks who have to deal with the Federal run VA hospitals.
A private hospital doing the same things that happen in some VA hospitals would see big lawsuits, and in some cases criminal charges filed.
But as it is the Fed Govt, and O's Admin, nothing will be done in those cases at VA hospitals.
YOU will be directly affected by the Obama admin if you live in Louisiana.
And negatively. There are 6 state run hospitals that OUR Governor has lined up private corporate money to renovate, modernize, and run. We are talking over 800 million.
The state does not bear the full cost, there is tax payer federal money involved as well.
The Federal Govt. refused this deal offering no substantive reason for doing so.
So instead of hundreds of millions of dollars flowing into Louisiana's public healthcare system FROM PRIVATE COMPANIES, YOU if you are a resident of Louisiana will CONTINUE to pay for, either directly from paying taxes,or indirectly as the State will have to make budget adjustments.
This affects the State budget throughout, not just the public healthcare system in Louisiana and YOU will be affected because of the denial of O's Federal govt.
If you think that private money and privately run hospitals are not a good idea?
Perhaps you want to talk with some folks who have to deal with the Federal run VA hospitals.
A private hospital doing the same things that happen in some VA hospitals would see big lawsuits, and in some cases criminal charges filed.
But as it is the Fed Govt, and O's Admin, nothing will be done in those cases at VA hospitals.
Posted on 5/3/14 at 8:10 pm to TupeloTiger
quote:
My family is in hospital management,we know.
Well frick your family then. Biggest waste/abuse of our healthcare dollars occurs in hospitals. And what's worse is they are buying up or pushing out physician owned practices that deliver care more efficiently and for less money, all over the country.
Posted on 5/3/14 at 8:29 pm to YipSkiddlyDooo
Let the money follow the patient and not the institution uncle booby.
Posted on 5/3/14 at 9:21 pm to Adam Banks
frick the feds
Posted on 5/3/14 at 10:23 pm to udtiger
Let's see Mary get this fixed......anyone think she will go to bat for the state on this one?
Posted on 5/3/14 at 10:33 pm to TJG210
Saw her [cough...an independent group] commercial tonight saying Cassidy hates kids and the Koch brothers are buying the election for him.
High comedy
High comedy
Posted on 5/4/14 at 3:59 am to TupeloTiger
quote:
That means the people do not pay for it, it's free. Taxes on businesses and business owners pay for it.
That's what they think. Fools.
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