Grady Hospital in ATLANTA, Obamacare will cause them a 45 MILLION DOLLAR deficit

Comrade lol

http://content.healthaffairs.org/content/29/6/1131.full

Abstract

The true measure of health care reform’s success is whether it drives down medical costs over the long term. The Patient Protection and Affordable Care Act has several features designed to modernize the delivery of services and thus ensure a more efficient, more effective, and less expensive health care system. These features include bundling medical services into larger payment groups, using value-based purchasing, and improving care coordination. These changes could spark a productivity revolution in health care that would make it much more affordable and simultaneously increase the quality of care. The success of these efforts at controlling long-run cost growth will require activism from the government and the private sector....


Exhibit 1
Forecast Savings From Health Care Modernization, 2010–2035

SOURCE Author’s calculations. NOTES This simulation assumes that acute care spending decreases by 1.5 percentage points below the current trend starting in 2013. In 2011 and 2012, cost savings are 0.5 percentage points below the trend in Medicare and private insurance, reflecting the time required to implement system changes. Savings include Medicare and Medicaid spending reductions and increased tax revenue from higher wages that will result from lower costs for employer-provided health insurance.

Dreamsglore wrote:More false reporting. The Gov. caused the shortfall by not expanding medicaid. Not Obamacare.

Do you know what is meant by an unfunded mandate? The Federal government is starting out with a fairly high reimbursement. Considering we nearly $18 TRILLION IN DEBT. How long will those reimbursements remain at todays level?

If you say forever...you have described the typical greedy far left Progressive.

Yes... once the synergistic integration of adaptive tangents including concerted variables under coordinated exponents are enumerated by extrapolated hypothesis...

everyone will benefit.

Floridatexan wrote:
http://content.healthaffairs.org/content/29/6/1131.full

Abstract

The true measure of health care reform’s success is whether it drives down medical costs over the long term. The Patient Protection and Affordable Care Act has several features designed to modernize the delivery of services and thus ensure a more efficient, more effective, and less expensive health care system. These features include bundling medical services into larger payment groups, using value-based purchasing, and improving care coordination. These changes could spark a productivity revolution in health care that would make it much more affordable and simultaneously increase the quality of care. The success of these efforts at controlling long-run cost growth will require activism from the government and the private sector....


Exhibit 1
Forecast Savings From Health Care Modernization, 2010–2035

SOURCE Author’s calculations. NOTES This simulation assumes that acute care spending decreases by 1.5 percentage points below the current trend starting in 2013. In 2011 and 2012, cost savings are 0.5 percentage points below the trend in Medicare and private insurance, reflecting the time required to implement system changes. Savings include Medicare and Medicaid spending reductions and increased tax revenue from higher wages that will result from lower costs for employer-provided health insurance.

You're quite a joke. Now you're posting estimates of the cost of ObamaCare from 2010 Were you a born con artist or did you have to work hard to learn the trade?

Health Affairs, 29, no.6 (2010) :1131-1135
Cite this article as: analysis & commentary How Health Care Reform Must Bend The Cost Curve
David Cutler

###
From the New York Times

The Obama administration said Monday that it was cutting payments to doctors and hospitals after finding that cost overruns are threatening to use up the money available in a health insurance program for people with cancer, heart disease and other serious illnesses.

The administration had predicted that up to 400,000 people would enroll in the program, created by the 2010 health care law. In fact, about 135,000 have enrolled, but the cost of their claims has far exceeded White House estimates, exhausting most of the $5 billion provided by Congress.

Under a new policy issued by Kathleen Sebelius, the secretary of health and human services, “health care facilities and providers will get paid less” for providing the same services to patients in the federal program, known as the Pre-Existing Condition Insurance Plan.

In most cases, payments to health care providers will be capped at Medicare rates, which are substantially less than the commercial insurance rates they have been receiving. The new policy generally prohibits doctors and hospitals from increasing charges to consumers to make up the difference.

http://www.nytimes.com/2013/05/21/us/politics/overruns-forcing-lower-payments-to-some-providers-in-stopgap-health-program.html?_r=0

Here is something a bit more up to date. I realize how offensive this will be for your senses.

PACEDOG#1 wrote:http://www.wsbtv.com/news/news/local/new-health-care-law-leaves-grady-45-million-short/nbCp8/

Such terrible news for a hospital that serves the poor in the Atlanta area. This Obamacare thing...such a good deal. 

When one actually reads the article, one can figure out what the problem is.
The problem is the state of Georgia. The fine, upstanding Republicans who are in charge decided not to expand the medicaid rolls. So instead of serving poor patients with at least some insurance coverage, Grady Hospital has to foot the entire bill which is the current status quo. This leaves a deficit because these people should be covered. So Grady Hospital can thank the fine, upstanding Republicans in GA legislature for this cost deficit.

Thanks again for another objective post, p-dog. You are learning from your idols at Faux News about the values of posting half-truths, omissions, and partial quotes.

Remember: p-dog and his comrades argue incessantly not to get all Americans to a doctor on a regular basis in order to live healthier lives and therefore reducing future healthcare costs.  And p-dog argues to keep giving away free healthcare.

Recap: food stamps-0.52% of economy--
OH, NO!! DO NOT GIVE FOOD TO POOR PEOPLE!!!  ALL WRONG!!!
         healthcare-17.9% of economy--
OH, YEA!! GIVE IT AWAY. GO AHEAD!!!

Thanks for your time.

It's an unfunded mandate Carl. The state of Georgia, like Florida and many others, aren't going to absorb the tax just because....

That's THE problem!!! Another tax in this economy will just hurt people trying to make ends meet and toss us into another recession.