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=== Transcript === | === Transcript === | ||
Why are hospital costs so high? And can they be made lower by simply issuing | |||
a White House order that they shouldn’t be so high? I’ll be right back. | |||
The White House has proposed placing a 9% limit on the increase in revenue | |||
a hospital can get—from private patients. One reputable and respected | |||
hospital admin, has said the goal is laudable but the proposal itself is unsound, | |||
unfair, unrealistic, unworkable and will result in hospitals being less able to | |||
serve the people. That-is-a rather all inclusive That’s a rather positive statement | |||
that and doesn't tiptoe around the subject. And he is right. | |||
First of all such a | |||
blanket price fixing makes no allowance for hospitals that are presently being | |||
run on an efficient, economical basis. It doesn't allow for the fact that about | |||
70% of hospital costs are payroll directly affected by inflation. And what of | |||
the hospitals faced with bringing buying expensive new | |||
equipment up-to-date to keep pace with new medical procedures? | |||
Then there | |||
is the effect inflation has had on restocking supplies. One hospital supply | |||
officer pointed out that in 1976 24 cases of sterile water used in surgery cost | |||
$63.48. By the spring of ’77 10 cases cost $64.45. | |||
Probably the best example of shortsightedness or perhaps just plain “lets | |||
not talk about it” was the failure of the White House to touch on how much | |||
govt, has to do with increased hospital costs. For example the increase in government | |||
decrees demanding changes in laboratory safety standards, in laboratories, | |||
and regulations covering electrical, fire and elevator rules which require expensive | |||
renovations. Govt, programs also boost the number of health care recipients | |||
and the amount of service provided those recipients. | |||
Lets take a look at some of the rules and reporting requirements mandated by | |||
not one but several government agencies. Hospitals must report monthly and annual | |||
days of inpatient care, by age group, by services and by type of financial coverage. | |||
Outpatient visits must be reported in the same manner. Also emergency | |||
room visits. | |||
Total annual minutes of anesthesia administered must be | |||
reported as well as the number of x-ray exams and the number of films used in | |||
these exams. Report the number of births for the year; The number of children | |||
served. Report the number of physical therapy treatments, the number of | |||
blood transfusions (and here is one)—report the number of outpatients admitted | |||
as inpatients. | |||
Each hospital must give a certain amount of “charity care” each year & have | |||
multi-lingual signs posted telling the patients this charity is available. | |||
Operations must be reported by type & number. Are you beginning to understand | |||
why when you ring for the nurse she’s a sometimes a little while in getting | |||
there? It’s all that paperwork. | |||
And oh yes about half of reimbursement | |||
rates are set by government at less than actual cost so the private patients | |||
have to pay more to make up the difference. In socialized medicine there | |||
wouldn’t be any private patients to be tapped so guess who’d pay then? | |||
Hospitals must obtain a signed certificate as to | |||
need for hospitalization and establish a “time limit” for hospital stay. Detailed | |||
records must be kept on services provided, by date and by individual performing | |||
the service. Periodically the “race” of each patient must be reported for a | |||
given day. | |||
These are only a few but of many requirements and I’m sure as you heard | |||
them you wondered what of what use all that paper work was could be to | |||
govt, except to make work for bureaucrats. | |||
This is Ronald Reagan. | |||
Thanks for listening. | |||
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Latest revision as of 13:20, 1 April 2026
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Hospital Costs[edit]
Transcript[edit]Why are hospital costs so high? And can they be made lower by simply issuing a White House order that they shouldn’t be so high? I’ll be right back. The White House has proposed placing a 9% limit on the increase in revenue a hospital can get—from private patients. One reputable and respected hospital admin, has said the goal is laudable but the proposal itself is unsound, unfair, unrealistic, unworkable and will result in hospitals being less able to serve the people. That-is-a rather all inclusive That’s a rather positive statement that and doesn't tiptoe around the subject. And he is right. First of all such a blanket price fixing makes no allowance for hospitals that are presently being run on an efficient, economical basis. It doesn't allow for the fact that about 70% of hospital costs are payroll directly affected by inflation. And what of the hospitals faced with bringing buying expensive new equipment up-to-date to keep pace with new medical procedures? Then there is the effect inflation has had on restocking supplies. One hospital supply officer pointed out that in 1976 24 cases of sterile water used in surgery cost $63.48. By the spring of ’77 10 cases cost $64.45. Probably the best example of shortsightedness or perhaps just plain “lets not talk about it” was the failure of the White House to touch on how much govt, has to do with increased hospital costs. For example the increase in government decrees demanding changes in laboratory safety standards, in laboratories, and regulations covering electrical, fire and elevator rules which require expensive renovations. Govt, programs also boost the number of health care recipients and the amount of service provided those recipients. Lets take a look at some of the rules and reporting requirements mandated by not one but several government agencies. Hospitals must report monthly and annual days of inpatient care, by age group, by services and by type of financial coverage. Outpatient visits must be reported in the same manner. Also emergency room visits. Total annual minutes of anesthesia administered must be reported as well as the number of x-ray exams and the number of films used in these exams. Report the number of births for the year; The number of children served. Report the number of physical therapy treatments, the number of blood transfusions (and here is one)—report the number of outpatients admitted as inpatients. Each hospital must give a certain amount of “charity care” each year & have multi-lingual signs posted telling the patients this charity is available. Operations must be reported by type & number. Are you beginning to understand why when you ring for the nurse she’s a sometimes a little while in getting there? It’s all that paperwork. And oh yes about half of reimbursement rates are set by government at less than actual cost so the private patients have to pay more to make up the difference. In socialized medicine there wouldn’t be any private patients to be tapped so guess who’d pay then? Hospitals must obtain a signed certificate as to need for hospitalization and establish a “time limit” for hospital stay. Detailed records must be kept on services provided, by date and by individual performing the service. Periodically the “race” of each patient must be reported for a given day. These are only a few but of many requirements and I’m sure as you heard them you wondered what of what use all that paper work was could be to govt, except to make work for bureaucrats. This is Ronald Reagan. Thanks for listening. |
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