Steve Febus, the CFO of Pullman Regional Hospital Explains How Cash Works at a Hospital:
1) Their Hospital Had $117M in Annual Billed Fees, $1M in Revenue, 66% of Income Got here from Outpatient Companies, 23% from Inpatient Companies and 11% from Doctor Companies.
2) Wholesome Sufferers Are Dangerous for the Hospital’s Enterprise
3) It Purchased a Da Vinci Robotic for Surgical procedure to Appeal to a Urologist to their Hospital
4) They Needed to Decrease Their MRI Costs As a result of Sufferers with Excessive Deductible Well being Plans Had been Looking for Much less Costly MRIs at a Competing Hospital
5) There’s a Duplication of Companies at a Hospital solely 9 Miles Away
6) Their Hospital Pays for Workers for Most Occupancy Even When Their Occupancy is Very Low
7) Hospital Costs are Meaningless
Sources HERE: https://youtu.be/N-SumPdb2PI
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