tag:blogger.com,1999:blog-3098264341625381422.post1085404178657183231..comments2024-03-18T17:01:07.165-07:00Comments on The Provocateur: The Merger that Wasn'tmike volpehttp://www.blogger.com/profile/02999118519606254362noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3098264341625381422.post-29308808613316197462011-12-27T01:00:01.164-08:002011-12-27T01:00:01.164-08:00Well will you look at that...he did just that. Now...Well will you look at that...he did just that. Now Dr. Andy works for a company as an expert witness. Justice is blind?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-77510784860197167542009-10-24T17:37:35.954-07:002009-10-24T17:37:35.954-07:00It's really no surprise why this guy continues...It's really no surprise why this guy continues to get work. The not for profit hospital administration industry rewards people like this for their ability to engage in doublethink and doubletalk. As you allude to, the trick in the not for profit hospital system is to plead poverty locally, and brag about wealth globally...thus, the hospital portrays itself as a near bankrupt waif to it's community and raise money (and prices) for health care services. It claims credit for charity care by marking up the actual cost of the care provided by 100-200%. Then, it tracts investors by amassing a huge cash portfolio (in this case, near 2 billion bucks) and goes to Wall Street as an institutional investor.<br /><br />Of course, these not for profits also borrow money to build facilities...usually, they borrow the money cheap and sit on it for years before investing. Do they invest in bringing new services...especially low reimbursed psychiatric, drug rehab, etc services most communities are in dire need of?<br /><br />Nope...they build gold plated private hospital rooms and new operating rooms, buy new scanners, etc...because that's where the money is.<br /><br />This Dr. Andy will likely survive awhile, cash out, and move to even more lucrative gigs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-23750683031991068582009-10-23T19:29:10.572-07:002009-10-23T19:29:10.572-07:00Merger of two Washington hospitals? Have you been...Merger of two Washington hospitals? Have you been watching Grey's Anatomy or something?Anonymousnoreply@blogger.com