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re: Apparently private equity is buying up small hospitals in LA
Posted on 3/19/24 at 10:08 am to CatfishJohn
Posted on 3/19/24 at 10:08 am to CatfishJohn
quote:
Could our system use a complete overhaul? Absofrickinglutely. Is it fricked because of capitalism? No. It is fricked because it is decades of patch work legislation with endless nuance from a patient, insurer, and provider perspective. It is the most convoluted institution in our country. The defense department is 1st grade math in comparison. That isn't just because of capitalism. It was designed in unsustainable fashion from the get-go and never fixed. It wasn't built to handle 300 million fat people that don't care about their own well-being.
I talk to doctors that have no idea how the government system works. I talk to FTC employees that have no idea how the hospital system works. I talk to insurance companies that have no idea how either work. It needs to start over.
As a long time hospital CFO, I agree with everything you said. It's always so annoying watching people who aren't in the business side of healthcare posting about what they think because they have no fricking clue what they are talking about. We have the most disjointed healthcare system that is possible and because of that it is significantly more expensive than anywhere else on earth. The way it's patched together hurts care as well because most of the people taking care of you don't actually have all your healthcare info. Therefore they do the same tests, diagnostics, etc. over and over. There has been a good bit of legislation trying to mandate EMRs and make it so that your info was portable and providers could easily access it. All have failed. Our system sucks.
This post was edited on 3/19/24 at 11:12 am
Posted on 3/19/24 at 10:21 am to LaLadyinTx
quote:
LaLadyinTx
quote:
As a long time hospital CFO, I agree with everything you said. It's always so annoying watching people who aren't in the business side of healthcare posting about what they think because they have no fricking clue what they are talking about. We have the most disjointed healthcare system that is possible and because of that it is significantly more expensive than anywhere else on earth. We The way it's patched together hurts care as well because most of the people taking care of you don't actually have all your healthcare info. Therefore they do the same tests, diagnostics, etc. over and over. There has been a good bit of legislation trying to mandate EMRs and make it so that your info was portable and providers could easily access it. All have failed. Our system sucks.
This lady knows what is up. I am a Sr Consultant with Oracle America and can attest to how f'd up the EMR/EHR connectivity issue is. We are trying our best to get it all connected but its nowhere near as easy as it sounds
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