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Furor Erupts: Billions Going To Hospitals Based On Medicare Billings, Not COVID-19
KHN ^ | 04 10 2020 | Jay Hancock and Phil Galewitz and Elizabeth Lucas

Posted on 04/11/2020 6:20:17 AM PDT by yesthatjallen

Probably few hospital systems need the emergency federal grants announced this week to handle the coronavirus crisis as badly as Florida’s Jackson Health does.

Miami, its base of operations, is the worst COVID-19 hot spot in one of the most severely hit states. Even in normal years, the system sometimes barely makes money. At least two of its staff members have died of the virus.

But in a scathing letter to policymakers, system CEO Carlos Migoya said the way Washington has handled the bailout “could jeopardize the very existence” of Jackson, one of the nation’s largest public health systems, and similar hospital groups.

“We are here for you right now,” Migoya, who has tested positive for COVID-19 himself, said in a Thursday letter to Alex Azar, secretary of Health and Human Services. “Please, be here for us right now.”

Migoya and executives at other beleaguered systems are blasting the government’s decision to take a one-size-fits-all approach to distributing the first $30 billion in emergency grants. HHS confirmed Friday it would give hospitals and doctors money according to their historical share of revenue from the Medicare program for seniors — not according to their coronavirus burden.

SNIP

States such as Minnesota, Nebraska and Montana, which the pandemic has touched relatively lightly, are getting more than $300,000 per reported COVID-19 case in the $30 billion, according to a Kaiser Health News analysis.

On the other hand, New York, the worst-hit state, would receive only $12,000 per case. Florida is getting $132,000 per case. KHN relied on an analysis by staff on the House Ways and Means Committee along with COVID-19 cases tabulated by The New York Times.

SNIP

(Excerpt) Read more at khn.org ...


TOPICS: News/Current Events; US: Florida; US: New York
KEYWORDS: bailout; coronavirus; covid19

1 posted on 04/11/2020 6:20:17 AM PDT by yesthatjallen
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To: yesthatjallen

Reduces the incentive to inflate COVID-19 cases, doesn’t it.


2 posted on 04/11/2020 6:22:34 AM PDT by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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To: yesthatjallen

From the article:

Issuing the funds based on Medicare revenue “allowed us to make initial payments to providers as quickly as possible,” an HHS spokesperson said Friday. Some of the money was expected to go out as soon as Friday in electronic deposits.

HHS said the next slice of the $100 billion to go out “will focus on providers in areas particularly impacted by the COVID-19 outbreak” as well as rural hospitals and those with lower shares of Medicare revenue.


3 posted on 04/11/2020 6:37:10 AM PDT by Moonman62 (http://www.freerepublic.com/~moonman62/)
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To: yesthatjallen

People are getting free money and they still find a way to whine and bitch.


4 posted on 04/11/2020 6:38:20 AM PDT by Moonman62 (http://www.freerepublic.com/~moonman62/)
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To: yesthatjallen

Follow the money


5 posted on 04/11/2020 6:39:39 AM PDT by ptsal ( Bust the NVIA)
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To: yesthatjallen
Hospitals Paid Extra to List Patients as COVID19 & 3X as ... https://principia-scientific.org/hospitals-paid-extra-to-list-patients-as-covid19-3x... Apr 09, 2020 · Senator Dr. Scott Jensen: Right now Medicare is determining that if you have a COVID-19 admission to the hospital you get $13,000.If that COVID-19 patient goes on a ventilator you get $39,000, three times as much.

http://www.freerepublic.com/focus/f-bloggers/3833871/posts

6 posted on 04/11/2020 7:02:47 PM PDT by daniel1212 ( Trust the risen Lord Jesus to save you as a damned and destitute sinner + be baptized + follow Him)
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