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elias7

(4,229 posts)
17. Their business model is based on dubious billing practices
Wed Apr 1, 2020, 06:57 AM
Apr 2020

These national groups are bad news. When they come in to a city, most of the docs choose not to work with them because they don’t treat them well, as evidenced here. The way they make money is by getting out of town docs to come in and work and then charge patients for out of network care, called surprise billing or balance billing. They have been charged and I have settled cases in which they give kickbacks to doctors for inappropriate admissions or transfers. They engage in aggressive billing collection agencies.

Our ER group just fought off an attempt by the hospital to open up the process to a national group; it was so poorly received in our community that they decided to keep our group.

This type of behavior is not a surprise. All of these groups are owned by global investment firms, i.e. hedge funds. Their bottom line is profit.

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Sure go ahead LittleGirl Apr 2020 #1
Wonder how many will quit and find another job Sherman A1 Apr 2020 #2
Sad thing is.... OhioChick Apr 2020 #3
Yes, that is true Sherman A1 Apr 2020 #6
The same is happening in Utah at Intermountain Health OhioChick Apr 2020 #8
I hope that the company reaps the rewards of Sherman A1 Apr 2020 #9
They're greedy bastards OhioChick Apr 2020 #10
Very true Sherman A1 Apr 2020 #11
They can't leave and find another job easily DenverJared Apr 2020 #35
I'm no expert on the matter... OhioChick Apr 2020 #36
Fuck them corporations TEB Apr 2020 #4
I hear New York is looking for some good health care professionals. BComplex Apr 2020 #5
Disgusting! Sunriser13 Apr 2020 #7
These healthcare companies must not have kissed Trump's ass, gab13by13 Apr 2020 #12
Holy F%CK Grokenstein Apr 2020 #13
Here's the same article from ProPublica who published the story and are denied "clicks" by RawStory Dennis Donovan Apr 2020 #14
Didn't see it, added it n/t OhioChick Apr 2020 #15
Awesome Dennis Donovan Apr 2020 #21
Gotcha OhioChick Apr 2020 #22
Capitalism at it's finest Chainfire Apr 2020 #16
This message was self-deleted by its author Locrian Apr 2020 #19
Their business model is based on dubious billing practices elias7 Apr 2020 #17
I found this to be interesting.... OhioChick Apr 2020 #18
"Necessary" - for these corporate bottom lines. 😡 Duppers Apr 2020 #46
Every gop member who Scarsdale Apr 2020 #20
Dear god ... the greed never ends ... UpInArms Apr 2020 #23
The free market is so quick and efficient like that IronLionZion Apr 2020 #24
Another link ... with more from ProPublica UpInArms Apr 2020 #25
Thank you for providing that link! n/t OhioChick Apr 2020 #27
And ... because this has me so pissed .... am going back to where the fart was let ... GWHB UpInArms Apr 2020 #26
And am going to add this to the mix ... UpInArms Apr 2020 #28
Atheon is private equity, the most rapacious capitalists existing. Lonestarblue Apr 2020 #29
I don't get it. Why doesn't the CEO call Mnuchin? Oh that's right Airlines are more important Raven123 Apr 2020 #30
Vulture Capitalism Strikes Again! Ford_Prefect Apr 2020 #31
Maybe be in stimulus 4 maybe its time to nationalize the health care system..................... turbinetree Apr 2020 #32
healthcare is too important for capitalism questionseverything Apr 2020 #51
They're Only $102Million In Revenues ProfessorGAC Apr 2020 #33
Who and what is Alteon Health? Answers here UpInArms Apr 2020 #34
You're great at digging up things.... OhioChick Apr 2020 #37
Dear Mr. CEO, did you give up your pay, Motherfucker? rickyhall Apr 2020 #38
Yet another reason that medical care as a for-profit enterprise is a bad idea. n/t SpankMe Apr 2020 #39
Looks like Alteon Health is Attempting Damage Control OhioChick Apr 2020 #40
Thank you for this info, OhioChick! Duppers Apr 2020 #41
Here are pics of the Greedy Heartless Executives OhNo-Really Apr 2020 #43
Hi, guys! We seeeeeeeeeeeee you! Grokenstein Apr 2020 #44
In a big house. With a comfortable bed. GulfCoast66 Apr 2020 #47
It's about money Turbineguy Apr 2020 #42
A clear second ck4829 Apr 2020 #50
PURE EVIL Withywindle Apr 2020 #45
There's money to be made n/t OhioChick Apr 2020 #48
K&R ck4829 Apr 2020 #49
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