thank you. Well, that's certainly a factor. But they say: a ounce of prevention is worth a pound of cure. I can see how theoretically, how preventative medicine might be cost effective. Perhaps. But that underscores why we need to remove health care as a profit driven industry. Because it's spiraling out of control. Maybe there is better way, cost controls and regulations and constant scrutiny that keeps Health care providers and the mechanics of this issue in hand.
NO it's NOT spiraling out of control! What I pointed out is a MAJOR factor. Plus there NEVER was a health care crisis. It was made up by Obama.
Again... see where there are two gigantic lies that was used to pass Obamacare.
Also regarding hospital costs? Blame the GOP for the 1986 EMTALA do a little research like I have and look it up! Then you'll understand this chart a little better!
This is from a hospital and this are the outpatient services paid by Medicare in 2015
Note for example the AVERAGE Medicare payment is $295. But the cost to do ONE CT scan is $87! 341% markup!
And why? Because of EMTALA! As one hospital CEO when asked "How do hospitals deal with the cost of the uninsured?
His answer: " Like any business, we pass it on to the paying customers."
http://classic.ncmedicaljournal.com/wp-content/uploads/NCMJ/mar-apr-05/Yarbrough.pdf
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I don't think the Average Cost means what you think it means. It is determined by multiplying a cost center ratio supplied by the hospital for that department times the charge for that service. I have had a number of CT Scans and I can assure you that no healthcare provider could do CT Scans with contrast for $87. A CT Scanner cost about 2.5 million but can run as high as $3 million. The average installation cost is $400,000 and yearly maintenance cost is over $100,000.
I didn't guess or not substantiate these costs. I pay in my business about $600/year for information about 6,000 hospitals and their operating costs around the country. So I have the information and I guess you don't!
A) This hospital gross revenue was $2,562,520,138
B) Total CT Scan did in 2015 a total of 4,032 scans total claims per this hospital.
C) Average Cost $49 PER SCAN---- ACCORDING TO THE HOSPITAL that took into consideration cost of scanner, service, and salaries... Total $197,568!
D) Per this hospital: Average PAYMENT: $174.00 or for 4,032 scans: $701,568.
E) Per this hospital: Net hospital income after all expenses (i.e. costs $49/scan...) $504,000! NET INCOME or margin of 355% !
F) Now as far as your comment about COSTS:
1) Computed tomography scanners are replace CT scanners every eight to 10 years.
2)
128-slice CT scanner Average quoted vendor price: $1.1 million Average annual service cost: $140,000
12 Statistics on CT Scanner Costs
3) Per year amortization of $1.1 million is $110,000!
4) Cost per year $110,000 Scanner
But remember what you wrote: "
A CT Scanner cost about 2.5 million but can run as high as $3 million. The average installation cost is $400,000 and yearly maintenance cost is over $100,000. "
DID you really mean this: Average installation cost $400,000? How many times in ten years do they install? ONCE! or $40,000 per year!
How many years does a scanner last? 10 years ! Average amortization over 10 years: $110,000!
How much annual maintenance per year $100,000! So your own figures show annual costs of $40,000+ $110,000+100,000 or $250,000 not including salaries,etc.
So who knows better? YOU or the hospital that states COST of $49 per SCAN!!!