Study: Hospitals profit when surgeries go awry

[damnedifIknow]

"Perverse financial incentives offered by private insurers and Medicare actually pad hospitals’ profits when surgeries go awry, according to the study.

Hospitals earned 330 percent higher profit margins on surgeries with one or more complications when they were paid for by private insurers, according to the study. Surgeries with complications covered by Medicare earned 190 percent higher profit margins. That translates to approximately $30,500 more per faulty surgery."

http://www.politico.com/story/2013/04/study-hospitals-profit-when-surgeries-go-awry-90163.html

[HiPointDem]

1. kr

[siligut]

2. Yes, be very concerned if you have great insurance

Unbelievable to think of human suffering as a profitable enterprise to the people we entrust with out health.

[hughee99]

3. Are "complications" the same thing as "faulty surgery"?

Complications may have nothing to do with anyone doing anything wrong, but "faulty surgery" suggests someone screwed up.