“Since the mid-1980s, hospitals and physicians have billed commercially insured patients extra to cover their losses on Medicare, Medicaid and uninsured patients…….”
But “Losses” may only mean “less money” and not necessarily negative cash flow. If Medicare pays $10 for a service, and private payers pay $12 for the same service, one could claim the provider “lost” $2 on Medicare patients. Semantics is a powerful tool.
Continue reading Health Care Industry’s Old Models Are Crumbling
