What I don't see reported is CEO and board pay. Those hospitals saying Medicare doesn't cover cost, ask them what they do when they have a patient with Medicare and private insurance. I can tell you, from experience, they bill as much as they can to both...in massive excess of what the quoted amount was.
What was the contribution of CEO and other executive pay to the financial difficulties? What was the contribution of marketing and advertising to the financial difficulties? In particular, did naming rights for stadiums contribute to increasing costs? In general, medical buildings have become dramatic structures with huge airy spaces, coffee shops, etc.. What has the increasing cost of real estate contributed to the financial difficulties?
It's not medicades fault honestly it's the suits they don't want to take accountability. How about we see what the suits get paid over the nurses and doctors. I'm sure you'll find your reason
I'd love to see a story on the patchwork of coordinated care organizations that administer the Oregon Health plan. How they are organized. Who owns them. They are for-profit organizations. What is their overhead? How well are they administering the funds? What are the health outcomes for their patients?
The cost spent on the insurance companies is roughly the cost that would be required to cover everyone's health and to better pay the staff. Single payer systems aren't perfect but they'd be much better than what we have now.
Disappointing, one-sided story. I would appreciate more granularity, such as where executive pay falls versus other staffing. I was looking forward to a better story from Pat.
One problem is the multi million dollar CEO compensation packages along with top executive pay, board members pay and all the perks for the elite. Plus non profits are not run like non profits are supposed to by law, and when private equity groups are involved it's that much worse.
"So why did you give them those great raises?". Not exactly unbiased reporting. Smurk, smurk. Poor unobjective reporting in times when people are struggling to buy food and have an affordable place to live.
25 year nurse here. This story seems like a fear mongering piece since you really only talked to the “Hospital Association” No surprise considering the state just mandated ratios. Hospital associations are concerned with one thing only…. profit over patients….always!!
@@diane8937 I have a masters degree in nursing. I have over 100k in student loans. I make a competitive salary for my area. Why aren’t you asking what the CEO makes? That should be the conversation. Not what staff nurses make.
What I don't see reported is CEO and board pay. Those hospitals saying Medicare doesn't cover cost, ask them what they do when they have a patient with Medicare and private insurance. I can tell you, from experience, they bill as much as they can to both...in massive excess of what the quoted amount was.
Healthcare that cares not of your health. But cares only with profit.
What was the contribution of CEO and other executive pay to the financial difficulties? What was the contribution of marketing and advertising to the financial difficulties? In particular, did naming rights for stadiums contribute to increasing costs? In general, medical buildings have become dramatic structures with huge airy spaces, coffee shops, etc.. What has the increasing cost of real estate contributed to the financial difficulties?
I'll believe Providence is in financial trouble when even one executive takes a pay cut
AND the highly overpaid nurses. Where else can you get paid $130-150 per hour with a 3 year or less degree??
@@diane8937 Show me the nurse getting paid that much with just a 3 year degree. You can't.
It's not medicades fault honestly it's the suits they don't want to take accountability. How about we see what the suits get paid over the nurses and doctors. I'm sure you'll find your reason
I'd love to see a story on the patchwork of coordinated care organizations that administer the Oregon Health plan. How they are organized. Who owns them. They are for-profit organizations. What is their overhead? How well are they administering the funds? What are the health outcomes for their patients?
That would be interesting, indeed.
Having fired or forced out of state countless nurses and doctors with mandates in the last 4 years, gee, can’t imagine why the system is struggling.
Working in healthcare has always been rough but the pandemic really broke the system. I left in 2022 and never looked back.
The cost spent on the insurance companies is roughly the cost that would be required to cover everyone's health and to better pay the staff. Single payer systems aren't perfect but they'd be much better than what we have now.
Disappointing, one-sided story. I would appreciate more granularity, such as where executive pay falls versus other staffing. I was looking forward to a better story from Pat.
KGW has the most far left bias of all the other lefty bias news outlets.
One problem is the multi million dollar CEO compensation packages along with top executive pay, board members pay and all the perks for the elite. Plus non profits are not run like non profits are supposed to by law, and when private equity groups are involved it's that much worse.
"So why did you give them those great raises?". Not exactly unbiased reporting. Smurk, smurk. Poor unobjective reporting in times when people are struggling to buy food and have an affordable place to live.
25 year nurse here.
This story seems like a fear mongering piece since you really only talked to the “Hospital Association”
No surprise considering the state just mandated ratios. Hospital associations are concerned with one thing only….
profit over patients….always!!
Yeah... How much do YOU make and how long did you go to school??!
@@diane8937 I have a masters degree in nursing. I have over 100k in student loans. I make a competitive salary for my area. Why aren’t you asking what the CEO makes? That should be the conversation. Not what staff nurses make.
Who are referred to as labor? Please specify.
Lmao....