Meaning of royalty fees pd to the villages
 

Full page add in today's paper for The Villages Health and United Healthcare.
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". What intellectual property is being exchanged with United Healthcare?

My guess is the name, "The Villages Health and United Healthcare".

All businesses within the Villages pay fees for that privilege of being within the compound, only ones that don't are the family….

There is big money in medicine these days, well beyond the licensing of a trade name. Here is some history on the Moffitt Cancer Center. Doctor taking on Villages over cancer center - Robert Boissoneault Oncology Institute Robert Boissoneault Oncology Institute

According to Blechman, the developer gets about $0.07 on every dollar spent in The Villages.

Intellectual property is basically patents, copyright, and trademarks.

Looks like the developer has even registered "America's Healthiest Hometown", hard to believe that one will hold up but it might.

Without the developer subsidizing The Villages Health's stable and fixed salaries to the doctors, it would not stay afloat financially.

Medicare and supplement or the UHC-AARP "zero premium" plan revenues would never cover the overhead costs of keeping these practices in good shape.

http://www.kevinmd.com/blog/2011/01/...utes-work.html

Who is Blechman?

He's the "genius" who wrote this pile of horse manure:

"Everything's owned by the developer," he says. "The government is owned by the developer. Everything's privatized — and they're happy with that. You know, they've traded in the ballot box for the corporate suggestion box."

Never mind these elected office seats for county and Villages Community Development Districts on our ballots last week……

http://www.sumterelections.org/Porta...nd%20seats.pdf


The Villages: Florida's Disney World For Retirees : NPR

Hi sunnyatlast: Two things. If one office visit takes 8 workers and 45 minutes then how much is being wasted while patients sit in the waiting room and then are left to wait in the examination rooms?

Secondly how is Villages of Lake/Sumter, Inc. assisting its medical staff since it is pulling it pre-agreed on profits off the top???????????

Villages Lake Sumter, Inc has a captive cash cow for better or for worse?????????

I knew that, but was hoping the one doing the quoting would respond. If someone is going to use Blechman as a source, I would like to know why.

[QUOTE=sunnyatlast;969488]Without the developer subsidizing The Villages Health's stable and fixed salaries to the doctors, it would not stay afloat financially.

Medicare and supplement or the UHC-AARP "zero premium" plan revenues would never cover the overhead costs of keeping these practices in good shape.

They seem to operate very well outside the walls ..It seems operating within the Villages is an extra expense for most businesses and not the other way around.

[quote=KeepingItReal;969595]"Outside the walls" of TV and its unique age group that is a higher risk group for more claims because of age, most primary care clinics and hospitals do not serve a population that is 90%+ on Medicare, which pays less than costs.

Outside the walls of TV, private insureds' insurance reimbursements help to cover the costs that Medicare and supplements do not. That is why the mega-hospital systems like Mayo Clinic and Cleveland Clinic are buying up practices and community hospitals: to get the private insured base.

"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

[quote=sunnyatlast;969601]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"

[quote=KeepingItReal;969607]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.)