Medicare’s finances got much worse in the last couple of years, foreshadowing tough choices for the new government!

The latest Medicare projections from the Congressional Budget Office (CBO) show the extent to which the COVID-19 pandemic has hurt Medicare’s financial outlook, and foreshadow the tough choices facing the next President and Congress. According to CBO’s estimates, Medicare’s Hospital Insurance Trust Fund will have insufficient funds to cover all benefit costs beginning in 2024…

Hospitals charge a lot more when Wall Street owns them

Hospitals owned by private equity firms rake in almost 30% more income than hospitals that aren’t, according to new research published this week in JAMA Internal Medicine. Private equity is gobbling up more and more of the health care industry. Investors are buying up physicians’ practices, hospitals and the firms that negotiate prices with insurers. Their ownership of ambulance operations and…

The coronavirus pandemic has changed healthcare utilization and spending!

The cost of hospital admission for patients with the coronavirus can top tens of thousands of dollars, and there have been hundreds of thousands of hospitalizations just in the early months of the pandemic. However, social distancing measures, concerns over hospital capacity, and fears of contracting the virus are leading to some other healthcare being delayed or…