So while we're waiting for New York's closure commission to tell us which hospitals and nursing home should close, time marches on. We've just posted on one hospital closing (St. Mary's in Brooklyn).
And now here's another, the Hospital in Sydney on the brink. But what's with the former CEO who had his medical license revoked?
And here's another (gasp) one that would close (Westchester County) except that it looks like the State will bail it out. Note the outstanding debt at Westchester County ($750 million) while it continues to lose money. If it were to fail, the County itself would be on the hook for a big chunk of that debt.
How about a little over/under pool? The Rochester Democrat & Chronicle can't wait for the Commission to get started. Maybe we should keep score while the Commission meets.
Andy Spano (County Executive) told me the debt at Westchester Medical was racked up at least in part because the hospital billed everything according to a DRG type of billing. Apparently they have only recently (a fwe months) installed their first chargemaster.
Lin
Posted by: Lin | June 11, 2005 at 01:08 PM