Medical Debt is High for Patients, But Hospitals Still Thrive

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Жыл бұрын

Medical Debt is High for Patients, But Hospitals Still Thrive.
The Dallas-Fort Worth Metro Area has the highest rates of medical debt in America.
Tarrant County (Fort Worth) is the highest with 27% of adults having medical debt.
Dallas County is the second highest with 23%.
The median medical debt in these two counties is $1,000.
Texas' overall high uninsured rate of 18% is a major contributor to these two counties ranking the highest.
One might think the local hospital would be suffering given the high level of uninsured patients and medical debt.
Think AGAIN!
Dallas-Fort Worth hospitals have higher operating margins ranging from 6%-12%... mostly above the national average of 6%.
Watch the video to learn why this contradiction exists.
Sources:
khn.org/news/article/medical-...
comptroller.texas.gov/economy...
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Пікірлер: 21

@alexk798 Жыл бұрын

So important an insider educate the general public. Thank you!

@JustanotherYouTuber66 Жыл бұрын

My father, in his 80s, is having to file bankruptcy due to his wife’s medical issues during Covid-19. She had blood clots in her lungs. Hospital sold debt to debt collector. They live in Nevada and this was supposed to never happen. It is insane.

@presterjohn1697 Жыл бұрын

Congress appropriated nearly half a trillion dollars for hospitals to use during the pandemic. Reasons cited: Shoring up revenue losses and to helping providers pay for costs related to treating covid patients.

@Peace-yn4fu Жыл бұрын

Greatly appreciate the topics you educate the public on. You are passionate and articulate. Thank you!

@dougwhitehead8359 Жыл бұрын

Great video Dr. Bricker. You, once again, put a topic into "layman's terms". A couple of other items jumped out at me. If I am an employer, of almost any size, why wouldn't I self-insure, and bolt-on a Centers of Excellence/SmartCare Centers program like Edison Healthcare, where fees are negotiated for high cost surgeries and care, where you would totally circumvent the Dallas-Fort Worth hospital network. We all know the high percentages of unnecessary surgeries, but after watching your video, it also makes me wonder if surgeries percentages are higher amongst the insured versus the un-insured.

@nena8687 Жыл бұрын

Doc you are so amazing and humble. "There is more happiness in giving than receiving. " don't ever change!!

@jonathanharris4628 Жыл бұрын

I may be jumping to conclusions based on your video, but I was reading between the lines and heard "hospital-doctor co-ops empower monopolies in healthcare". Great video. I wonder what the "rebuttal" would be if such a thing exists.

@SpecialK711 Жыл бұрын

While it's sadly unfortunate that medicine has become such a money-chasing business venture at the expense of others in many respects, it's important to note that many private practice physicians have been selling out their decision-making autonomy to hospital-owned affilitiations in exchange for desperately needed help w the increasingly complex administrative aspects of their role, particularly with alternative-based reimbursement models like ACOs etc., that require Herculean lift & add'l FTE's to meet payer expectations.

@sassyd8738

Did anyone see the increase once covid launched oh boy they went higher and its sad it makes you wonder do you care about my health or just your paycheck????