[Number 6]

Today I read in the Daily Sun that the Developer is looking for the residents to pony up $6.4 million to equip the new Cancer Center. I am stunned by that revelation. The reimbursement from the delivery of patient care is expected to cover the cost of the building and equipment. Now they want to be paid twice! Once by the residents, and again by the insurance carriers, mostly Medicare.

Here is how this works. The developer of the center takes out a loan for the building, equipment and working capital. Once they begin seeing patients, they recover the costs and, in this case, make a pretty decent profit. The radiation therapy side of the business is profitable, the medical oncology side, not so much.

When the initial story came out that the Developer was providing the building and was going to run the center independent of the Hospital, I thought it was a pretty good business move. Of course the original cost of $2 million of equipment was laughable. I think at the time I said that you cannot buy a state of the art accelerator for $2 million.

I just cannot believe that they do not have a complete financial feasibility study for this project. They must know what they are doing, though I now have my doubts.

[eremite06]

I am stunned, as well. Kind of reminds me of the bond controversy. I welcome the cancer center, but you think it will benefit Morse to attract more buyers?

[Pturner]

Would somebody kindly copy and paste the article. Thanks!

[Bogie Shooter]

Originally Posted by Pturner

Would somebody kindly copy and paste the article. Thanks!

Watch the Daily Sun site....the article will probably be posted there.

http://www.thevillagesdailysun.com/

[graciegirl]

Yesterdays news when I click the link.

Being that the Daily Sun is a vehicle for the developer I doubt that they used the term " pony up".

I wish I could read what the article said.

[Bogie Shooter]

Originally Posted by graciegirl

Yesterdays news when I click the link.

Being that the Daily Sun is a vehicle for the developer I doubt that they used the term " pony up".

I wish I could read what the article said.

Look again tomorrow.

[EXYZEE40]

It amazed me that the developer, with all his experience and staff, "didn't realize just how expensive either the special construction or special equipment would be."

Also, asking "residents' to raise the $6.3 million dollars needed to equip the state-of-the art facility"-- what about the 'non-residents' from the surrounding areas - will they have access to the facility also?

Yes,it will be great to have this facility -- but today's headlines were one big shock!

[Pturner]

It appears that they do The Daily Sun online differently now. For each section (i.e., "News", "Villages," Sports,") they give you one article from yesterday, one from the day before and one from the day before that. None from today. So it won't appear tomorrow unless it's the one News article they choose. Not cool.

[swrinfla]

I'm slightly disappointed that, so far, postings here imply that, when the Cancer Center was announced to be here, everyone expected it to be totally paid for!

My initial reaction this morning was to think in terms of "how can the various groups I belong to help Villagers to have the very best medical equipment?" I personally intend to devise ways of helping.

The Developer has deep, deep pockets. We all know that. But, I cannot see that it is his/their responsibility to finance the whole d*** thing!

SWR

[dillywho]

Originally Posted by swrinfla

I'm slightly disappointed that, so far, postings here imply that, when the Cancer Center was announced to be here, everyone expected it to be totally paid for!

My initial reaction this morning was to think in terms of "how can the various groups I belong to help Villagers to have the very best medical equipment?" I personally intend to devise ways of helping.

The Developer has deep, deep pockets. We all know that. But, I cannot see that it is his/their responsibility to finance the whole d*** thing!

SWR

At last, someone who doesn't think that living here entitles them to a free ride courtesy of the Morses.

I would imagine that it took some doing to get Moffitt to pick here for another center. (I think it called "politics".) That said, I do agree with the other poster that said it will not be for the exclusive use of Villagers and therefore, others should contribute as well.

How soon everyone seems to have forgotten that Morses donated the land for the soon-to-be-open new VA facility. Had they not donated it and simply put more homes/businesses in Villages, vets would still be going elsewhere for everything.

Like I have said, living here is a choice. I, too, choose to help.

[gary42651]

The only problem I see about this story, is they didn`t say where we can send a donation....

[Pturner]

Originally Posted by dillywho

At last, someone who doesn't think that living here entitles them to a free ride courtesy of the Morses.

I would imagine that it took some doing to get Moffitt to pick here for another center. (I think it called "politics".) That said, I do agree with the other poster that said it will not be for the exclusive use of Villagers and therefore, others should contribute as well.

How soon everyone seems to have forgotten that Morses donated the land for the soon-to-be-open new VA facility. Had they not donated it and simply put more homes/businesses in Villages, vets would still be going elsewhere for everything.

Like I have said, living here is a choice. I, too, choose to help.

I don't think he owes us a free ride either. I just would like to see a copy of the article, so I can understand what this new information is. Maybe it will be online tomorrow.

[Bogie Shooter]

The addition of one word "area" ahead of residents, would have eliminated all the hand wringing posts today.
However, if the info about the equipment being paid for twice is true....then raising money will be very difficult.

[Number 6]

Unbelievable! I am not expecting a free ride. The development of a cancer center is a business activity, and if done correctly is a very profitable one. I expect that the Morses know what they are doing, and will turn a profit on this venture. And I am all for this. So who pays for the land, building, equipment and working capital of a cancer center? It is paid for by the people who use it, more correctly their insurance companies. In the case of a cancer center that is usually Medicare. Medicare reimburses on a use basis, and their payments factor in the cost of the building, equipment, etc..

I have developed cancer centers before and I know how this works. If you really want to make a donation, establish a Foundiation for the uninsured. Cancer treatment is an expensive propisition.

I am truly insulted that anyone took what I wrote as expecting a free ride. Please read my initial post and tell me where I am wrong.

[Bogie Shooter]

Originally Posted by Number 6

Unbelievable! I am not expecting a free ride. The development of a cancer center is a business activity, and if done correctly is a very profitable one. I expect that the Morses know what they are doing, and will turn a profit on this venture. And I am all for this. So who pays for the land, building, equipment and working capital of a cancer center? It is paid for by the people who use it, more correctly their insurance companies. In the case of a cancer center that is usually Medicare. Medicare reimburses on a use basis, and their payments factor in the cost of the building, equipment, etc..

I have developed cancer centers before and I know how this works. If you really want to make a donation, establish a Foundiation for the uninsured. Cancer treatment is an expensive propisition.

I am truly insulted that anyone took what I wrote as expecting a free ride. Please read my initial post and tell me where I am wrong.

Maybe you should consider volunteering your expertise to this project.