NFR crazy....
- Thread starter SurfnFish
- Start date
Non-fishing related
I won't take that bet.
Scary stuff. I love a good conspiracy, but US FDA regulations are designed for the benefit of the producer, not the end user.
worked in both, and was an officer on the governing board of trustees finance committee of a medical school/hospital.
Non-profits- revenues must be spent on salaries, facilities, construction, medical equipment, bonds, education, etc, with a max of 10% of 'profit' over operating costs banked for reserves each year.
For profits - no maximum to what can be taken off the top for shareholder return, which is always derived from lowering operating costs and maximizing procedures.
The biggest difference can be found in their respect CDM, the 'chargemaster', which stipulates what each hospital will charge for room, nurses, band-aids, procedures, tests, etc. The for-profit's CDM will always be higher, and along with over-utilization procedures and morbidity rate (hospital generated infection and death) is the primary driver behind hospital investigations.
As to doctors, plenty of bad ones in both...akin to having a driving license, doesn't mean you can actually drive worth a damn
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Wayne Kohan
Life of the Party
I've also worked with both kinds of hospitals, not saying non-profits are necessarily great, but my experience with one for-profit was much worse for the patients. Neither seem great for doctors, nurses and others working for them. Our healthcare system in the US is so messed up, not that I would call it a system.
no doubt...always comes down to location. Non-profits in low income areas can be nightmares...
My Uncle was one of those patients who underwent an unnecessary heart bypass operation at this hospital and died from complications. Based on a life expectancy scale and his age at death the immediate family was awarded a million dollars.
the performing surgeon should have been tried for murder
wanderingrichard
Life of the Party
So, which side of the profit game would hospital/ medical systems run by universities fall into? I suspect " for profit" but the ones I'm familiar with blur the line
wanderingrichard
Life of the Party
Thanks for further fueling my inferiority complex, Krusty
.....
usually a non-profit, part of the same operation.
There are hybrids, however, and was involved in starting one in SF.
We wanted to increase surgeon participation in our medical school's hospital, so we formed a for-profit surgi-center vehicle with a contracted surgeon group.
The for-profit rented OR time from the the non-profit at a discounted rate.
The surgeons billed for operating services and the for-profit billed for the rooms at market rate, giving half of the profit of the market rate minus rental fee to the physician group, the other half of profits were 'gifted' to the non-profit.
This arrangement both increased OR utilization, as well as generated more 'room nights' for the non-profit from those patients needing recovery after surgey. A win win all around.
Until Medicare and the State changed the rules 6 years later, making such contracts illegal, when it was discovered that the wave of emerging surgi-centers were competing for market share by paying illegal 'bonuses' to the surgeons to bring them their cases.
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“While more studies are needed to confirm the findings and, if confirmed, “determine the cause” of the changes, this research’s conclusions are hard for experts to swallow.”
^straight from the article
wanderingrichard
Life of the Party
So, business makes strange bedfellows?usually a non-profit, part of the same operation.
There are hybrids, however, and was involved in starting one in SF.
We wanted to increase surgeon participation in our medical school's hospital, so we formed a for-profit surgi-center vehicle with a contracted surgeon group.
The for-profit rented OR time from the the non-profit at a discounted rate.
The surgeons billed for operating services and the for-profit billed for the rooms at market rate, giving half of the profit of the market rate minus rental fee to the physician group, the other half of profits were 'gifted' to the non-profit.
This not only increased OT utilization by 50%, it also generated more 'room nights' for the non-profit from those patients needing a few days of recovery after surgey. It was a win win all around.
Until Medicare and the State changed the rules 6 years later, sending us cease and desist letters, as the wave of similar surgi-centers that had followed us became a major issue when it was discovered the hospitals were paying illegal 'bonuses' to the surgeons to bring in their patients.
If we had only thought of that..
CDC finds toxic weedkiller in 87 percent of children tested
About 87 percent of 650 children tested had detectable levels of the ubiquitous and toxic herbicide glyphosate in their urine, according to a new analysis by the Centers for Disease Control and Prevention.
Don't forget glyphosate. Same deal.
To make matter worse, it doesn't matter if you live a pure organic life.
I heard of another study (via dude from joe rogan I think) who they tested people living in the artic, who had never been close to any pesticides, still tested positive.
This all ties into the other thread about global warming.
Think the government or corporations will help, HA!
PS- is a non profit really much of a thing anymore? My wife works for the chas clinic, which I believe is non profit, but God damn they were raking in some covid profits....or maybe my basic understanding on non profit is wrong/skewed.
non-profits can provide cover for the biggest scams on earth...Scientology rakes in billions tax-free...the Vatican's wealth is estimated over 15 billion, kept in investments.CDC finds toxic weedkiller in 87 percent of children tested
About 87 percent of 650 children tested had detectable levels of the ubiquitous and toxic herbicide glyphosate in their urine, according to a new analysis by the Centers for Disease Control and Prevention.www.ewg.org
Don't forget glyphosate. Same deal.
To make matter worse, it doesn't matter if you live a pure organic life.
I heard of another study (via dude from joe rogan I think) who they tested people living in the artic, who had never been close to any pesticides, still tested positive.
This all ties into the other thread about global warming.
Think the government or corporations will help, HA!
PS- is a non profit really much of a thing anymore? My wife works for the chas clinic, which I believe is non profit, but God damn they were raking in some covid profits....or maybe my basic understanding on non profit is wrong/skewed.
No better in the for profit world, mega corps paying pennies on the earned doller thanks to tax loopholes legislators refuse to close, not wanting to piss off their donor masters
These 19 Fortune 100 Companies Paid Next to Nothing—or Nothing at All—in Taxes in 2021
Analysis shows that during a year of high corporate profits, many of the biggest corporations in America either paid minimal or no federal income taxes.
www.americanprogress.org
As one who grew up in a community surrounded by massive Superfund sites I was gratified that it's findings supported my personal non-statistically significant anecdotal experience.
