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|Articles - May 2013|
|Monday, April 29, 2013|
Page 2 of 5
Since uninsured patients can’t afford to see a doctor or partake of preventive treatments, they typically end up in costly emergency rooms for their primary care. According to the Oregon Association of Hospitals & Health Systems (OAHHS), the state’s annual number of emergency room visits rose 5% between 2007 and 2011, and outpatient visits rose 15%. Inpatient days — when a doctor has ordered a patient to be admitted — fell 3%, with fewer inpatient admissions and shorter lengths of stays. With 320 ER visits per 1,000 people in 2010, Oregon fared better than 42 other states, but, unfortunately, many of these visits are on the house.
When hospitals deem a patient unable to pay, they provide “charity care,” which ballooned nearly 600% in the decade ending in 2011. “Bad debt,” hospital bills that patients refuse to pay, rose almost 150% in the same period. Together charity care and bad debt comprise what hospitals call “uncompensated care.” In Oregon’s urban areas, uncompensated care approached 8% of gross charges after the last recession — it neared 9% in Oregon’s rural hospitals — before improving in 2011.
To make up for these losses, hospitals can’t look to government programs. Medicare pays just 81 cents, and Medicaid 86 cents, for each “dollar spent caring for beneficiaries,” OAHHS claims. So ultimately, hospitals must balance budgets by “cost shifting” losses and deficits to the bills of private-insurance patients. In the end, lowering hospital bills will require tackling enormous twin challenges of bad debt and charity care.
SOURCE: OREGON INSURANCE DIVISION
SOURCES: OREGON INSURANCE DIVISION, OAHHS, OREGON EMPLOYMENT DEPT.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Friday, June 06, 2014
BY KATIE AUSBURGER | OB GUEST CONTRIBUTOR
How to build a hipster-friendly work environment.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
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