Read on Twitter
We’re incentivizing doctors $13k per death certificate that says cause of death is coronavirus?
If you request a ventilator as a hospital or doctor you get $39k per ventilator?
What? Someone said @FoxNews reported this? Is this true?
If you request a ventilator as a hospital or doctor you get $39k per ventilator?
What? Someone said @FoxNews reported this? Is this true?
MEDICARE has determined that if you have a COVID-19 related admission to the hospital the hospital receives $13k
If that patient gets put on a ventilator that increases to $39k
In short: Medicare pays a lot of money for COVID hospitalizations and MORE as severity increases
If that patient gets put on a ventilator that increases to $39k
In short: Medicare pays a lot of money for COVID hospitalizations and MORE as severity increases
Additionally how we are tallying COVID-19 seems to play directly into the fleecing of Medicare. Here’s Birx on co-morbidity.
The data has said that the majority of deaths are with people who have 3 or more pre-existing conditions to begin with...
The data has said that the majority of deaths are with people who have 3 or more pre-existing conditions to begin with...
The two biggest ones are
Hypertension/high blood pressure (76% of mortalities) and
diabetes (36%)
The other big one is pulmonary (heart) issues.
Typically these conditions come bundled together. https://www.businessinsider.com/hypertension-diabetes-conditions-that-make-coronavirus-more-deadly-2020-3#in-italy-68-of-covid-19-patients-who-died-had-dementia-9
Hypertension/high blood pressure (76% of mortalities) and diabetes (36%) The other big one is pulmonary (heart) issues.
Typically these conditions come bundled together. https://www.businessinsider.com/hypertension-diabetes-conditions-that-make-coronavirus-more-deadly-2020-3#in-italy-68-of-covid-19-patients-who-died-had-dementia-9
And the death rate w/o pre-existing conditions?
Well here’s @BillOReilly saying it’s below 1% https://twitter.com/billoreilly/status/1248063331618951170
Well here’s @BillOReilly saying it’s below 1% https://twitter.com/billoreilly/status/1248063331618951170
Recently Bill was on @seanhannity radio which stirred up some of the left accusing him of being calloused about the death rate.
He didn’t use a lot of tact in his statement, but his argument is still something to acknowledge being that 99% of victims have other health issues https://twitter.com/politicususa/status/1248250939615502339
He didn’t use a lot of tact in his statement, but his argument is still something to acknowledge being that 99% of victims have other health issues https://twitter.com/politicususa/status/1248250939615502339
NOTE: Birx does make a good point as far as how and why they are collecting data like that FOR THE PRE-EXISTING CONDITIONS MENTIONED.
The idea actually aligns with O’Reilly being that these people were ill from X—caught C19—died. Therefore C19 is the cause (“last legs”)
The idea actually aligns with O’Reilly being that these people were ill from X—caught C19—died. Therefore C19 is the cause (“last legs”)
At least until this question was asked...
Birx: The intent is right now...if someone dies with COVID-19 we are counting that [as a COVID-19 death]
So far with each question Birx has progressively lowered the bar on what qualifies as a C19 death
Birx: The intent is right now...if someone dies with COVID-19 we are counting that [as a COVID-19 death]
So far with each question Birx has progressively lowered the bar on what qualifies as a C19 death
first video again.
Two observations
1) hospitals are financially incentivized to not only have C19 admissions but also to put people on ventilators
2) the C19 task force (Birx/Fauci) have given hospitals forms that makes it easier for hospitals to classify a death as C19
Two observations
1) hospitals are financially incentivized to not only have C19 admissions but also to put people on ventilators
2) the C19 task force (Birx/Fauci) have given hospitals forms that makes it easier for hospitals to classify a death as C19
Yesterday @theconservador (one of my fav follows) made this connection.
The more C19 admissions the more money hospitals get from the federal government in 2 forms.
1) $100b dedicated and added to the Public Health Emergency Fund
2) Medicare funding increasing by 20% https://twitter.com/theconservador/status/1248350513814556679
The more C19 admissions the more money hospitals get from the federal government in 2 forms.
1) $100b dedicated and added to the Public Health Emergency Fund
2) Medicare funding increasing by 20% https://twitter.com/theconservador/status/1248350513814556679
Well, lets look at the funding overall...
This is an article from @thehill from back in February which as some good insights into how the different funds work https://thehill.com/blogs/congress-blog/healthcare/485163-now-is-the-time-to-resource-the-public-health-emergency-fund
This is an article from @thehill from back in February which as some good insights into how the different funds work https://thehill.com/blogs/congress-blog/healthcare/485163-now-is-the-time-to-resource-the-public-health-emergency-fund
The main takeaway is that there has been a Public Health Emergency Fund for a long time... and it hasn’t been funded for close to 20 years or so.
The other fund out there is the Infectious Diseases Rapid Response Reserve Fund.
All of this RN under @HHSGov control/direction
The other fund out there is the Infectious Diseases Rapid Response Reserve Fund.
All of this RN under @HHSGov control/direction
THERE WAS VIRTUALLY ZERO MONEY TO COMBAT A PUBLIC HEALTH EMERGENCY
From @theconservador again, the screen grab is specifically the $100b requested by hospitals. $140b directly to @HHSGov, all of which got deposited into the Public Health Emergency Fund.
@SecAzar is in charge https://twitter.com/theconservador/status/1247895562818486279
From @theconservador again, the screen grab is specifically the $100b requested by hospitals. $140b directly to @HHSGov, all of which got deposited into the Public Health Emergency Fund.
@SecAzar is in charge https://twitter.com/theconservador/status/1247895562818486279
Here’s a great graphic and description of where that fits in to the CARES Act
Roughly about 20% the entire $2.2T is going to fighting C19.
It’s pretty vague how the $274b to state gov will be allocated and how the $100b to hospitals will be allocated
($274b/50(states)=$5.48b)
Roughly about 20% the entire $2.2T is going to fighting C19.
It’s pretty vague how the $274b to state gov will be allocated and how the $100b to hospitals will be allocated
($274b/50(states)=$5.48b)
Here’s the article that this information came from. It’s very good. https://www.visualcapitalist.com/the-anatomy-of-the-2-trillion-covid-19-stimulus-bill/
Here is what we know on paper about the distribution of the $100b to hospitals
... which isn’t a lot.
What we DO know is that of this $100b, POTUS negotiated with insurance providers to use it as a fund to pay for people w/o insurance to get treatment/tested at Medicare rates
... which isn’t a lot.
What we DO know is that of this $100b, POTUS negotiated with insurance providers to use it as a fund to pay for people w/o insurance to get treatment/tested at Medicare rates
But now we get into the SECOND form of funding that hospitals are getting—Medicare.
1) CARES Act increased Medicare by 20%
2) this is where Dr. Jensen is claiming that the $13/39k kickback is occurring
This is the territory of @SeemaCMS and @CMSGov
1) CARES Act increased Medicare by 20%
2) this is where Dr. Jensen is claiming that the $13/39k kickback is occurring
This is the territory of @SeemaCMS and @CMSGov
Basically, according to Jensen (and Birx), the bar is pretty low to get access to that money
And this meme is actually fairly accurate if Jensen is indeed correct
First, here is Medicare as a part of the 2018 budget sitting at a cool $605billion. We increased that by 20% which would put it at around $721 billion.
For academic purposes, Medicare money is held in 2 trust funds, the Hospital Insurance TF and the Medical Insurance TF.
From my understanding CARES blankety increased both ends
From my understanding CARES blankety increased both ends
Either way, the appropriate question is, whats going on with the payments out of Medicare of $13/39k upon an admission of someone w/ COVID and why is the bar so low?
There are a few answers to that question... so here we go.
There are a few answers to that question... so here we go.
Q: why would hospitals classify patients as COVID patients?
A: their business model is really sh*tty to begin with and because of that (as well as the expense of COVID treatments) they’re bleeding money https://revcycleintelligence.com/news/hospitals-to-lose-1k-per-covid-19-case-despite-medicare-rate-bump
A: their business model is really sh*tty to begin with and because of that (as well as the expense of COVID treatments) they’re bleeding money https://revcycleintelligence.com/news/hospitals-to-lose-1k-per-covid-19-case-despite-medicare-rate-bump
follow me here:
Hospitals halted elective surgeries (ES)
ESs have a huge profit margin behind them
A lot of hospitals have ESs as their PRIMARY SOURCE OF REVENUE
basic CBA estimates that a COVID case will lose the hospital $6-8k
Hospitals halted elective surgeries (ES)
ESs have a huge profit margin behind them
A lot of hospitals have ESs as their PRIMARY SOURCE OF REVENUE
basic CBA estimates that a COVID case will lose the hospital $6-8k
Short version:
Hospitals cant survive longer than 60-90 days if they aren’t performing elective surgeries such as giving chicks dicks.
The transgender market is extremely lucrative... I bet you anything that the movement gets funding from the medical community
Hospitals cant survive longer than 60-90 days if they aren’t performing elective surgeries such as giving chicks dicks.
The transgender market is extremely lucrative... I bet you anything that the movement gets funding from the medical community
So the government steps in by boosting Medicare 20%, but they also need to address things quickly on 1) diagnosis and 2) finances.
Their answer? Allow some hospitals to do in-house tests and remove all red tape and expand the Accelerated and Advance Payment Program for providers
Their answer? Allow some hospitals to do in-house tests and remove all red tape and expand the Accelerated and Advance Payment Program for providers
This was something actively built into the CARES Act and is outlined below.
Essentially the goal is to get money into the hands of hospitals as fast as possible.
This expansion allows providers access to 125% of the payments for 6 months
https://www.cms.gov/files/document/Accelerated-and-Advanced-Payments-Fact-Sheet.pdf
Essentially the goal is to get money into the hands of hospitals as fast as possible.
This expansion allows providers access to 125% of the payments for 6 months
https://www.cms.gov/files/document/Accelerated-and-Advanced-Payments-Fact-Sheet.pdf
What does that mean?
It’s outlined well in this article. Because its a medical emergency, the government is giving what I would call “no questions asked grants” to providers https://revcycleintelligence.com/news/cms-offers-upfront-medicare-reimbursement-during-covid-19-pandemic
It’s outlined well in this article. Because its a medical emergency, the government is giving what I would call “no questions asked grants” to providers https://revcycleintelligence.com/news/cms-offers-upfront-medicare-reimbursement-during-covid-19-pandemic
What it looks like to me is that medical providers are staring bankruptcy in the face because they cant do ESs (like giving chicks dicks).
That means that if you have COVID, you’re getting claimed so they can get $ back from @CMSGov.
In their minds they’re covering margin
That means that if you have COVID, you’re getting claimed so they can get $ back from @CMSGov.
In their minds they’re covering margin
The issue that hospitals are facing is that they need liquidity and capital to function. As of right now, capital isn’t coming in and they’re banking on Medicare to fill the gaps for the liquidity. https://revcycleintelligence.com/news/playing-defense-key-to-overcoming-fiscal-challenges-of-covid-19
And it looks like this trend is going to continue as there are both public and private payers now offering upfront money to hospitals whos liquidity is drying up FAST.
IMO Birx/Fauci lowered the bar on C19 so that hospitals have easy access to liquidity https://healthpayerintelligence.com/news/amp/public-private-payers-offer-upfront-reimbursement-amid-covid-19
IMO Birx/Fauci lowered the bar on C19 so that hospitals have easy access to liquidity https://healthpayerintelligence.com/news/amp/public-private-payers-offer-upfront-reimbursement-amid-covid-19
To date Medicare has advanced $34b.
@SeemaCMS seems to verify what I’m saying. The advancements are given to help fill the gap of elective surgeries.
Private sector is getting involved as well. See BCBS offering $200m advanced
@SeemaCMS seems to verify what I’m saying. The advancements are given to help fill the gap of elective surgeries.
Private sector is getting involved as well. See BCBS offering $200m advanced
And even more than that you have the UnitedHealth Group providing nearly $2b.
Overall, what I see is this.
Hospitals set themselves up to make revenue off of non-essential (high margin) services, forgetting that they are an essential service in and of themselves.
What we’re seeing is an orchestrated bail-out, and an active fleece of Medicare Trust Funds
Hospitals set themselves up to make revenue off of non-essential (high margin) services, forgetting that they are an essential service in and of themselves.
What we’re seeing is an orchestrated bail-out, and an active fleece of Medicare Trust Funds
