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Up to $49 billion unpaid by uninsured for hospitalizations – USATODAY.com

These reported “losses” are based on chargemaster rates. When a hospital bills, they use a grossly exaggerated rate which no one takes seriously. They use it to intimidate the uninsured into buying...

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MediBid: The Travelocity for Healthcare?

MediBid has been called the Travelocity for healthcare because what Travelocity did for airline travel in terms of bringing transparency, MediBid has done for medical are. Have you ever heard of...

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Physician Recruiter Report: Bonuses Based on Quality Are Few and Far Between...

According to a report from Merritt Hawkins, a big physician search and consulting firm, that isn’t yet happening to a significant degree in the real world. The company’s annual report on recruiting...

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Are Groupons illegal in health care? – The Advisory Board Daily Briefing

Everyone is trying to save money these days, and using coupons is becoming more and more common.  Coupons can be found from dinners out to oil changes to… medical care?  Some websites, such as Groupon,...

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Will physicians ‘fire’ patients to meet quality measures?

When people are in control of their medical care and decisions, they make smarter choices with their money.  Patients who place requests at MediBid will be matched with physicians willing to treat them...

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Electronic Health Records: 16% of Hospitals, 9% of Doctors Get Medicare...

The government tries so hard to sell electronic health records to doctors, telling them they will make their lives so much easier and providing physicians with cash if they convert over.  This way of...

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An Entrepreneurial Boom Is Coming, Just Not Yet – Yahoo! Finance

Our Healthcare Systems is badly broken, but government cant fix it, only entrepreneurs can. Employers ask “How can I reduce the cost of my health plan?“, and while Main stream big insurance continues...

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Greed in Medicine

Today would have been Milton Friedman’s 100th birthday. When we think about greed in medicine, are the greedy ones the doctors who want to be paid fairly for the work they do, or the politicians, and...

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Insurers are Buying Physicians and Hospitals…Is this Legal?

Faced by increasing costs of malpractice insurance, costs of office staff, and increased rules and regulations from Obamacare, physicians are struggling to keep their practices open.  To save costs,...

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Patients and their physicians should own their own data

The government offers physicians incentives and rebates if they convert their practices to have electronic health records.  These systems are very expensive, requiring new equipment and training for...

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