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	<title>Comments on: What Does The Hospital Deal Mean For Health Care Reform?</title>
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		<title>By: stateofthedivision</title>
		<link>http://wonkroom.thinkprogress.org/2009/07/08/hospitals-mean-reform/comment-page-1/#comment-155215</link>
		<dc:creator>stateofthedivision</dc:creator>
		<pubDate>Thu, 09 Jul 2009 16:31:34 +0000</pubDate>
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		<description>The sale of two hospital companies, HCA to KKR and Triad to CHS, increased interest costs by $2 billion annually.  No new provider was added, no high tech equipment was purchased, no new hospital bed was built.  The game of the for-profit money changers did it.  That&#039;s not going away, but will accelerate under the Obama plan.

Bundled payments will encourage vertically integrated health care companies.  That means buying and selling of firms, something the White House Health Czar knows much about.</description>
		<content:encoded><![CDATA[<p>The sale of two hospital companies, HCA to KKR and Triad to CHS, increased interest costs by $2 billion annually.  No new provider was added, no high tech equipment was purchased, no new hospital bed was built.  The game of the for-profit money changers did it.  That&#8217;s not going away, but will accelerate under the Obama plan.</p>
<p>Bundled payments will encourage vertically integrated health care companies.  That means buying and selling of firms, something the White House Health Czar knows much about.</p>
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		<title>By: Random Walk</title>
		<link>http://wonkroom.thinkprogress.org/2009/07/08/hospitals-mean-reform/comment-page-1/#comment-155213</link>
		<dc:creator>Random Walk</dc:creator>
		<pubDate>Thu, 09 Jul 2009 15:41:24 +0000</pubDate>
		<guid isPermaLink="false">http://wonkroom.thinkprogress.org/?p=18242#comment-155213</guid>
		<description>Dear Mr. Igor Vorsky,

I&#039;m not sure you understand the point about concerns raised over government funding of abortion services. Like it or not, there are a significant number of people in this country who have moral or ethical concerns over abortion. So I propose an alternative: private charities could subsidize abortion services, and these charities could be voluntarily funded by those who have no objection to abortion. 

And you raise a point about health care reform. Individuals should be empowered to lead healthy lives. Catastrophic events should be covered by health insurance. But there are plenty of services that are not catastrophic in nature, and we should not finance them as they contribute to moral hazard, overutilization, and drive up healthcare costs.</description>
		<content:encoded><![CDATA[<p>Dear Mr. Igor Vorsky,</p>
<p>I&#8217;m not sure you understand the point about concerns raised over government funding of abortion services. Like it or not, there are a significant number of people in this country who have moral or ethical concerns over abortion. So I propose an alternative: private charities could subsidize abortion services, and these charities could be voluntarily funded by those who have no objection to abortion. </p>
<p>And you raise a point about health care reform. Individuals should be empowered to lead healthy lives. Catastrophic events should be covered by health insurance. But there are plenty of services that are not catastrophic in nature, and we should not finance them as they contribute to moral hazard, overutilization, and drive up healthcare costs.</p>
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		<title>By: Dan Abshear</title>
		<link>http://wonkroom.thinkprogress.org/2009/07/08/hospitals-mean-reform/comment-page-1/#comment-155205</link>
		<dc:creator>Dan Abshear</dc:creator>
		<pubDate>Thu, 09 Jul 2009 04:40:39 +0000</pubDate>
		<guid isPermaLink="false">http://wonkroom.thinkprogress.org/?p=18242#comment-155205</guid>
		<description>This is remarkably a deal that appears to be a copy, motivationally speaking of the 80 billion the pharmaceutical industry agreed to pay not long ago. The simple fact that our new administration has to &#039;deal&#039; with such industries is a bit concerning. 

Obama plans on signing a bill in October regarding health care reform, and enacting this reform by the end of August. This deal lacks significant details at this time. 

Baucus opposes a universal health care system, which exists in every developed country presently, even though the majority of U.S. citizens support such a system, including most doctors. 

Baucus receives bribes from the health care sector that average nearly a million dollars a year. Obama receives higher bribes annually from the health care sector.</description>
		<content:encoded><![CDATA[<p>This is remarkably a deal that appears to be a copy, motivationally speaking of the 80 billion the pharmaceutical industry agreed to pay not long ago. The simple fact that our new administration has to &#8216;deal&#8217; with such industries is a bit concerning. </p>
<p>Obama plans on signing a bill in October regarding health care reform, and enacting this reform by the end of August. This deal lacks significant details at this time. </p>
<p>Baucus opposes a universal health care system, which exists in every developed country presently, even though the majority of U.S. citizens support such a system, including most doctors. </p>
<p>Baucus receives bribes from the health care sector that average nearly a million dollars a year. Obama receives higher bribes annually from the health care sector.</p>
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		<title>By: stateofthedivision</title>
		<link>http://wonkroom.thinkprogress.org/2009/07/08/hospitals-mean-reform/comment-page-1/#comment-155203</link>
		<dc:creator>stateofthedivision</dc:creator>
		<pubDate>Thu, 09 Jul 2009 00:05:46 +0000</pubDate>
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		<description>Wow, Joe Biden introduced quite a group:

CEO of HCA, a for-profit hospital company owned by KKR, a private equity underwriter

CEO of Community Health System, a for-profit hospital company (publicly traded)

Head of Catholic Hospital Association-many Catholic hospitals fill their charitable mission, others call themselves &quot;HCA with a heart.&quot; 

Head of the American Hospital Association, a hospital industry trade group.

This meeting was for show.  HCA &amp; CHS owned a hospital in my town.  The nonprofit shoulders 80% of the indigent care load, the for-profit 20%.  Both companies were traded at the height of the buyout boom, adding $2 billion in health care costs, solely from increased interest expense. 

None of these groups has the right to bargain on behalf of all hospitals, just like the AMA doesn&#039;t represent all doctors.  This is a political stunt.  

Once again, the devil is in the details.  Watch how financially stressed safety net facilities fare.  Our White House Health Czar turned two nonprofit community hospitals into for-profit facilities.  That&#039;s in addition to her work as a private equity underwriter for CCMP Capital Partners.

The key is the bill that comes out of conference.  The rest is a kabuki dance.</description>
		<content:encoded><![CDATA[<p>Wow, Joe Biden introduced quite a group:</p>
<p>CEO of HCA, a for-profit hospital company owned by KKR, a private equity underwriter</p>
<p>CEO of Community Health System, a for-profit hospital company (publicly traded)</p>
<p>Head of Catholic Hospital Association-many Catholic hospitals fill their charitable mission, others call themselves &#8220;HCA with a heart.&#8221; </p>
<p>Head of the American Hospital Association, a hospital industry trade group.</p>
<p>This meeting was for show.  HCA &amp; CHS owned a hospital in my town.  The nonprofit shoulders 80% of the indigent care load, the for-profit 20%.  Both companies were traded at the height of the buyout boom, adding $2 billion in health care costs, solely from increased interest expense. </p>
<p>None of these groups has the right to bargain on behalf of all hospitals, just like the AMA doesn&#8217;t represent all doctors.  This is a political stunt.  </p>
<p>Once again, the devil is in the details.  Watch how financially stressed safety net facilities fare.  Our White House Health Czar turned two nonprofit community hospitals into for-profit facilities.  That&#8217;s in addition to her work as a private equity underwriter for CCMP Capital Partners.</p>
<p>The key is the bill that comes out of conference.  The rest is a kabuki dance.</p>
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