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Medical Alert: The next time you go to the hospital remember this…Hospitals profit from surgical errors
Greetings,
Hospitals profit from surgical errors, study finds
Hospitals make money from their own mistakes because insurers pay them for the longer stays and extra care that patients need to treat surgical complications that could have been prevented, a new study finds.
Changing the payment system, to stop rewarding poor care, may help to bring down surgical complication rates, the researchers say. If the system does not change, hospitals have little incentive to improve: in fact, some will wind up losing money if they take better care of patients.
The study and an editorial were published Tuesday in The Journal of the American Medical Association. The study authors are from the Boston Consulting Group, Harvard’s schools of medicine and public health, and Texas Health Resources, a large nonprofit hospital system.
The study is based on a detailed analysis of the records of 34,256 people who had surgery in 2010 at one of 12 hospitals run by Texas Health Resources. Of those patients, 1,820 had one or more complications that could have been prevented, like blood clots, pneumonia or infected incisions.
The median length of stay for those patients quadrupled to 14 days, and hospital revenue averaged $30,500 more than for patients without complications ($49,400 versus $18,900). Private insurers paid far more for complications than did Medicare or Medicaid, or patients who paid out of pocket. NY Times
FACTS & FIGURES
Decades of data have shown time and again that the U.S. has the costliest health care system in the world by a variety of measures. A report released by the International Federation of Health Plans (i.e., health insurance companies) on March 26 provides a striking reminder of just how much more expensive health care is for Americans. The Huffington Post
The report compared prices in the U.S. with prices in 11 other nations. It found that average prices in the United States are higher for most medical services cited in the report, but at the top end of the range, U.S. health care prices can be staggering compared to what citizens of other nations pay. The Huffington Post
The U.S. health care system squanders $750 billion a year – roughly 30 cents of every medical dollar – through unneeded care, byzantine paperwork, fraud and other waste, the influential Institute of Medicine said in September. Salt Lake Tribune
More than 18 months in the making, the report identified six major areas of waste: unnecessary services ($210 billion annually); inefficient delivery of care ($130 billion); excess administrative costs ($190 billion); inflated prices ($105 billion); prevention failures ($55 billion), and fraud ($75 billion). Salt Lake Tribune
…Source: www.presstv.ir
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