[quote=KeepingItReal;969607]
Quote:
Originally Posted by sunnyatlast
The Villages ares not the only place where there are a lot of older people, maybe other retirement communities for one...
What does this statement from the original post say???
At the very bottom of page it states, "United Healthcare pays royalty fees to Holding Co. of The Villages, Inc. (The Villages) for use of its intellectual property"
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My guess is that those "royalty fees" go toward paying the TV Health physicians' the decent, stable salaries where the almost-all Medicare payments cause revenue shortfalls.
Again, please see this info I added above:
"Like most hospitals, the Cleveland Clinic counts on privately insured patients, who generally are profitable, to balance those on Medicare, which pays about 6 percent below cost, and Medicaid, whose payments average about 14 percent below.
Unlike most hospitals, though, its reputation assures it a steady stream of wealthy patients, including foreigners, whose bills do not have to pass the needle's eye of an insurance-company claims examiner…."
http://www.newsweek.com/what-health-...d-clinic-76971
And as for thinking that there are other retirement places with similar Medicare-percentage populations in the clinic and hospital mix……not so. Other retirement communities use community hospitals with all other ages groups mixed in, yielding a lower risk pool of claimants, and more reimbursement from private insurance that pays more. I know I have read that The Villages Regional Hospital is the largest Medicare biller in the country (and I'll try to find that reference again.)