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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.
Tuesday, February 25, 2014
BY LINDA BAKER
Les Schwab has put a premium on customer service since 1952, when legendary namesake Les Schwab founded the company with one store in Prineville. (Schwab died in 2007.) But if the corporate principles remain essentially the same, the world around this iconic Oregon business has changed dramatically.
Tuesday, April 01, 2014
BY APRIL STREETER | OB CONTRIBUTOR
Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.
Friday, April 11, 2014
TOM COX | OB BLOGGER
The auto industry is starting to share more costs across manufacturers for complex and challenging design work, like new transmission design, and certain new engine technologies. What we’re not yet seeing is wholesale outsourcing of “unavoidable waste” components to specialist companies.
Wednesday, April 02, 2014
A new report explores the impact of millennials on Oregon's business and political climate.
Tuesday, February 25, 2014
BY BRANDON SAWYER
Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.
Thursday, February 20, 2014
BY VIVIAN MCINERNY | OB BLOGGER
As retailers consolidate and newspapers fold, the business of modeling shifts to ad agencies, apparel companies and new media.
Monday, March 03, 2014
Check out interviews with employees from some of the 100 Best Companies to Work For in Oregon winners and find out what makes their company a great place to work.
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