NEWS
By Douglas J. Peddicord | June 30, 1996
ONE LESSER-KNOWN aspect of the Medicare program is that, in addition to providing health insurance for the elderly and the disabled, Medicare is the principal source of funding for the training of physicians in the United States.Last year Medicare paid out more than $5 billion toward the education costs of the teaching hospitals and academic medical centers which are the backbone of the finest medical system in the world.Graduate medical education -- the clinical training of physicians after they graduate from medical school -- is an expensive proposition.
NEWS
By Caroline Poplin | March 12, 2009
Medicare is one of the most popular and successful programs ever devised in this country. It has improved the length and quality of life for millions of our most vulnerable citizens - the elderly and disabled - while affording them dignity, choice and security in their medical care. Despite the program's success, there are problems with the quality of care Medicare beneficiaries receive. Patients complain they have to wait weeks for an appointment with a primary care physician, if they can find one. When the doctor finally sees them, it may be for only a few minutes.
NEWS
January 2, 2009
Medicare must control wasteful spending As a primary care physician who cares for elderly patients, I read the editorial "Health care reform" (Dec. 26) with interest. The editorial correctly pointed to the obscene discrepancy between the salaries of primary care doctors and specialists as part of the problem in providing cost-effective medical care. But the real question is why specialists earn so much and use up such a disproportionate percentage of our health care resources. Medicare could easily fix the problem by altering its reimbursement policies and limiting visits to specialists, and leaders of Medicare have been talking about doing just that for 20 years.
NEWS
October 21, 2007
The Help is Here Express bus tour will be at the Carroll Nonprofit Center from 2:30 p.m. to 5:30 p.m. tomorrow at 255 Clifton Blvd., Westminster. The bus offers uninsured Americans help in finding programs that provide free or low-cost prescription medicines. The tour is part of the Partnership for Prescription Assistance, a national effort sponsored by America's pharmaceutical research companies. The bus is staffed by trained specialists who can quickly help low-income, uninsured or underinsured patients get access to more than 475 patient assistance programs, including more than 180 programs that are offered by pharmaceutical companies.
NEWS
By Ronald David Weiss | March 28, 2007
As America's health care crisis deepens, the chorus demanding a universal solution grows louder. Health care is shaping up as one of the top issues in the 2008 presidential race. Like it or not, universal health care may be the only realistic path to pursue. The major challenge is paying for it. Here is one doctor's prescription for how to do it. Make it America's business to cut costs. We have a form of federally sponsored universal health care that functions well for seniors and the disabled: Medicare.
NEWS
By New York Times News Service. | August 12, 2007
WASHINGTON -- Despite promises by Congress to end the secrecy of earmarks and other pet projects, the House of Representatives has quietly funneled hundreds of millions of dollars to specific hospitals and health care providers under a bill passed this month to help low-income children. Instead of naming the hospitals, the bill describes them in cryptic terms, so that identifying a beneficiary is like solving a riddle. Most of the provisions were added to the bill at the request of Democratic lawmakers.
BUSINESS
By Daniel Yi | April 3, 2007
Tenet Healthcare Corp. agreed yesterday to pay a $10 million penalty to settle Securities and Exchange Commission charges that it inflated its earnings by fraudulently billing the Medicare system, company and federal officials said. The accord closes the book on government actions against the nation's second-largest hospital operator related to its alleged Medicare fraud, which took place while it was based in Santa Barbara, Calif. Tenet, now based in Dallas, admitted to no wrongdoing in the settlement but said in a press release that the company "has undertaken dramatic changes in its operations, financial safeguards, governance and compliance" since the allegations surfaced in late 2002.
NEWS
By New York Times News Service | November 30, 2007
Millions of Americans with respiratory diseases have relied on oxygen equipment delivered to their homes to help them breathe. A basic setup, deliveries of small oxygen tanks for three years, can be bought from pharmacies and other retailers for as little as $3,500, or about $100 a month. Unless, that is, the buyer is Medicare, the government health care program for older Americans. Despite enormous buying power, Medicare pays far more. Rather than buy oxygen equipment outright, Medicare rents it for 36 months before patients take ownership, and pays for services that critics say are often unnecessary.
BUSINESS
By Shanon D. Murray | July 22, 1999
Integrated Health Services Inc. said yesterday that it had a net loss of $4.6 million, or 10 cents a share, in its second quarter, a result the company attributed to the continuing adverse impact of a new Medicare payment system.Owings Mills-based IHS, a provider of post-hospital services, including nursing and rehabilitation, lost 3 cents more per share than was projected by eight analysts surveyed by Zacks Investment Research.For the second quarter, the company posted net earnings of $43.7 million, or 80 cents a share.
NEWS
By Jonathan Weisman | June 26, 1999
WASHINGTON -- Buoyed by success abroad and roused by congressional gridlock, President Clinton relaunched his domestic agenda yesterday, trying to seize the middle ground against a Republican Party that the president said has "poisoned" Washington with "petty bickering" and "bitter partisanship."In a policy speech at Georgetown University, Clinton spoke in quiet tones about "an unprecedented consensus of conscience and common sense" in America regarding new gun controls, an increase in the minimum wage, restrictions on campaign fund raising, and protections for managed-care patients.