Mon Aug 6, 2012, 09:44 PM
alp227 (20,483 posts)
Hospital Chain Inquiry Cited Unnecessary Cardiac Work
Source: The New York Times
... HCA, the largest for-profit hospital chain in the United States with 163 facilities, had uncovered evidence as far back as 2002 and as recently as late 2010 showing that some cardiologists at several of its hospitals in Florida were unable to justify many of the procedures they were performing... Questions about the necessity of medical procedures -especially in the realm of cardiology -are not uncommon. None of the internal documents reviewed calculate just how many such procedures there were or how many patients might have died or been injured as a result. Read more: http://mobile.nytimes.com/2012/08/07/business/hospital-chain-internal-reports-found-dubious-cardiac-work.xml Florida governor Rick Scott was the CEO of HCA when the company was charged with Medicare fraud. Things never change sometimes.
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15 replies, 2636 views
| Author | Time | Post | |
| alp227 | Aug 2012 | OP | |
| Dustlawyer | Aug 2012 | #1 | |
| xtraxritical | Aug 2012 | #5 | |
| siligut | Aug 2012 | #2 | |
| xtraxritical | Aug 2012 | #6 | |
| UpInArms | Aug 2012 | #3 | |
| Horse with no Name | Aug 2012 | #4 | |
| Stuart G | Aug 2012 | #7 | |
| SharonAnn | Aug 2012 | #10 | |
| supernova | Aug 2012 | #8 | |
| april | Aug 2012 | #9 | |
| thecrow | Aug 2012 | #11 | |
| LiberalAndProud | Aug 2012 | #13 | |
| underpants | Aug 2012 | #12 | |
| bobthedrummer | Aug 2012 | #14 | |
| bobthedrummer | Aug 2012 | #15 |
Response to alp227 (Original post)
Mon Aug 6, 2012, 10:04 PM
Dustlawyer (1,324 posts)
1. Let's do more tort reform to make it even harder to find out what happens when doctors
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want to do UN-necessary procedures.
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Response to Dustlawyer (Reply #1)
Tue Aug 7, 2012, 12:14 AM
xtraxritical (2,984 posts)
5. Tort reform is taking away my and your rights to litigate. A complete scam
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it also aims at putting a big crimp in the legal profession; they're usually big DNC contributors, that's really why it doesn't pass muster. I hope they keep knocking it down. Vote straight DEMocratic.
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Response to alp227 (Original post)
Mon Aug 6, 2012, 10:12 PM
siligut (11,135 posts)
2. Imagine seeing your MD for help
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You have pain and you are fearful. Your MD tells you that a procedure is necessary to possibly save your life. There is some danger involved, but it is necessary. Of course you will do it. This is your MD.
This is much worse that mechanics who charge for work that isn't necessary or that they didn't really do, this is the worst kind of betrayal. |
Response to siligut (Reply #2)
Tue Aug 7, 2012, 12:18 AM
xtraxritical (2,984 posts)
6. My uncle was a general surgeon in So. Cal. say 1968 thru '95
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back in the early '70s he told me there was lots of unnecessary surgery's, especially heart surgeries.
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Response to alp227 (Original post)
Mon Aug 6, 2012, 10:24 PM
UpInArms (42,640 posts)
3. more background: Feds investigating Frist's HCA stock sale
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http://www.msnbc.msn.com/id/9450770/ns/politics/t/feds-investigating-frists-hca-stock-sale/#.UCB7r5L6e5U
updated 9/23/2005 12:44:27 PM ET
NASHVILLE, Tenn. — Hospital operator HCA Inc. said Friday that federal prosecutors have issued a subpoena for documents the company believes may be related to the sale of its stock by Senate Majority Leader Bill Frist. A release from the Nashville-based company said the subpoena came from the U.S. attorney for the Southern District of New York. Frist’s office confirmed the SEC is looking into the sale. <snip> HCA, the nation’s largest for-profit hospital company, was founded by Frist’s father and his brother was formerly its CEO and chairman and remains on the board of directors. Frist asked a trustee to sell all his HCA stock in June, near a 52-week stock price peak of $58.40 and at the same time HCA insiders were selling off shares. Reports to the Securities and Exchange Commission showed insiders sold about 2.3 million shares, worth about $112 million, from January through June, said Mark LoPresti of Thomson Financial. The sale came about two weeks before the company issued a disappointing earnings forecast that drove its stock price down almost 16 percent by mid-July. They still have not recovered, closing Thursday at $45.90. man... I just hate those "disappointing earnings" reports |
Response to alp227 (Original post)
Mon Aug 6, 2012, 11:03 PM
Horse with no Name (30,642 posts)
4. I am going to try to find it
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but several years ago I posted in the old DU about a job offer that I had that was reviewing charts for the entire country regarding medicare fraud specifically cardiac care. And, they were starting in Florida.
I am guessing this is the fruits of that. |
Response to alp227 (Original post)
Tue Aug 7, 2012, 07:04 AM
Stuart G (7,687 posts)
7. Do you think Rick Scott will answer questions on this?
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Or, will he the invoke "privacy" issue
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Response to Stuart G (Reply #7)
Tue Aug 7, 2012, 12:02 PM
SharonAnn (9,652 posts)
10. Wasn't HCA fined more than $1.2 billion in their Medicare fraud scam?
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It was their business model then, so perhaps it still is.
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Response to alp227 (Original post)
Tue Aug 7, 2012, 09:07 AM
supernova (39,141 posts)
8. While I'm horrified for the patients
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who didn't need surgery (and how many of those were fatalities?!?), this is HCA we're talking about Is it really all that surprising?
I am very pleased though, that we are finally seeing some outcomes based research on which therapies are effective and which are not, up to and including being harmful and unnecessary. I'm always grateful for the chance to know vs. not knowing. |
Response to alp227 (Original post)
Tue Aug 7, 2012, 09:14 AM
april (1,148 posts)
9. I did read this what is that about Bain ? That Rommney did not own at the time
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Last edited Tue Aug 7, 2012, 09:17 AM USA/ET - Edit history (1) HCA exemplifies the trend. In 2006, HCA was taken private by a group of private equity firms, including Bain Capital, the firm co-founded by Mitt Romney, the presumptive Republican presidential nominee. (By that time, Mr. Romney was no longer a partner in Bain.) By mid-2010, the private equity owners were eager to start cashing out of their investment. While HCA prepared for an initial public offering of its stock that took place in 2011, it borrowed to pay the private equity firms $4.3 billion in dividends.
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Response to thecrow (Reply #11)
Sat Aug 18, 2012, 02:23 AM
LiberalAndProud (9,901 posts)
13. I find this obscene.
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HCA Holdings Inc. (NYSE:HCA): HCA Holdings Inc. (NYSE:HCA), a health care services companies in the United States, posted its financial and operating results for the second quarter ended June 30, 2012. Revenue in the latest quarter was increased by 12% to US$8.112 billion, from US$7.249 billion in the same quarter of 2011. For the same quarter, net income attributable to HCA Holdings, Inc. was US$391 million, or US$0.85 per diluted share. That is compared with US$229 million, or US$0.43 per diluted share, in the prior-year quarter. By the end of Monday's trading, shares of HCA Holdings slumped 3.95% to US$25.55 with significant volume traded. There were 10.56 million stock shares traded, which was 3 times more than average volume. Investors may want to find out how HCA Holdings insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for HCA here.
http://www.nebraska.tv/story/19214108/critical-stock-alerts-bank-of-america-apple-hca-holdings-aes-micron-and-advanced-micro-devices (emphasis added) $8.112 billion in three months on the backs of people who have the misfortune to fall sick or injured. It's crazy making that we can fund profits like this, but can't figure out a way to fund Medicare. I give up. |
Response to alp227 (Original post)
Fri Aug 17, 2012, 08:31 PM
underpants (105,621 posts)
12. Obamacare - this is a result of actual investigations of Fraud, Waste, and Abuse
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Response to alp227 (Original post)
Sat Aug 18, 2012, 03:03 PM
bobthedrummer (23,245 posts)
14. For those seeking some more background about the corruption of US health care here's an archived
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thread from DUII that is highly valuable today and features a lot of folks connected to HCA-including the BUSH/CHENEY/ASHCROFT/GONZALES Department of Just Us Criminal Division's Alice FISHER, who was mentored by HCA's Catkiller Bill Frist and his extended family, became a HCA lobbyist and then was "appointed" to the DoJ Criminal Division despite her lack of prosecution of any criminals. Her first "assignment" was the case of Jack ABRAMOFF.
Bad things have happened to knowledgeable people seeking reform and accountability in US "health care"-which now sounds like the 21st century eugenics of the "pure". A DU collaborative investigation: Thelma Colbert, Shannon Ross and other deaths at DoJ (started May 8, 2007) http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x847120 It is up to US to change this. K&R. |
Response to bobthedrummer (Reply #14)
Mon Aug 20, 2012, 02:35 PM
bobthedrummer (23,245 posts)
15. Medical Supply Chain Decries US Attorney General Alberto Gonzales Investigation of General Electric
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This thread was started by MSC2007 on July 17, 2007 and is also highly informative for those seeking background on the corruption of US healthcare.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x2920691 bttt |

