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Hospitals
Why do they charge so much?
Mock Newscast Assignment
By Kim Crone
๏€ช Hospitalsโ€ฆwhy do they charge so much and why do
we pay those amounts?
๏€ช Hereโ€™s a story for you. This little girl fell from a couch
and split her forehead open on a table, so she went
to the hospital.
๏€ช All they did was seal her cut with a dab of glue. Then
they got the bill. The family was billed for one
thousand six hundred and ninety six dollars!
๏€ช They couldโ€™ve glued her head with this
and saved one thousand six hundred and ninety four
dollars. This must really be some super glue.
What is it made from, a past Kentucky Derby winner? Like that would justify the
cost? Hey, I see Chef Guy Fieri standing behind that Kentucky Derby winner.
๏€ช I wonder if heโ€™s thinking about whatโ€™s going to
happen to this animal after it goes to horsie heaven. My guess is
glueโ€™s not on his mind. Listen, if you eat at one of Guy Fieriโ€™s
restaurants, you might want to ask if you burger was once named
๏€ช Bessie or Sea Biscuit.
๏€ช No two hospitals charge the same amount for the same
treatment even if theyโ€™re from the same town. Case in
pointโ€ฆone Tylenol with
codeine pill costs fifty cents. If you take just one at the
hospital, it will cost you thirty seven dollars. For that
amount, youโ€™d think it would do more than take the
edge off your pain and make you more drowsy, right?
๏€ช Jeez, I hope so. It should really be doing thisโ€ฆ
๏€ช Hospitals are the largest drivers of
medical inflation. The most expensive hospitals charge more than twelve
thousand and five hundred dollars a day!
๏€ช Look at this guy.
Well, he gets a roof over his head, tasteless food and an uncomfortable
bed. Know what he doesnโ€™t get? Rest! And thatโ€™s because a nurse
wakes him up every half hour to take his blood pressure. [Mimic nurse
voice] Your blood pressureโ€™s a little high. [Regular voice]. No (bleep),
thatโ€™s because you keep waking me up and pissing me off,
Nurse Ratched!
Itโ€™s no wonder somebody flew over the cuckooโ€™s nest!
๏€ช Okay, most people have health insurance. But even
so, theyโ€™re still socked with copays and huge
deductibles. Warren Browner, CEO
from California Pacific Medical Center, said there
are good reasons why patients are charged so
much. Itโ€™s because they have highly trained
professionals available twenty four hours a day,
seven days a week. They have to constantly
upgrade to the latest equipment to
meet patientโ€™s expectations. But you know what, studies havenโ€™t
found a link between prices and patient outcomes. Shocker. And
there are no market restrictions, so they can pretty much bill
whatever they want.
๏€ช Between you and me, I think the money coming from
insurance companies and patients is going straight to
these CEOs.
Weโ€™d really hate to see them have to live in squalor now, wouldnโ€™t we?
Hospitals have something they call a chargemaster price list, which keeps
track of how much money a patient racks up. Everyone should double
check this list.
๏€ช Remember what I said earlier about that little girl
who had her forehead glued? One of the charges was for five hundred and
twenty nine dollars. It was listed on the chargemaster list as โ€œsupplies and
devices.โ€ The family later found out it was for the gauze wrapped around
the kidโ€™s headโ€ฆ
which had a Hello Kitty sticker.
Talk about sticker shock! This
couldโ€™ve been bought at the
drug store for under a dollar. I
think hospitals should take a
cue from restaurants and
become a BYOBโ€ฆ
๏€ช bring your own bandages!!
So hospitals can set prices as high as they want. Who else can do that?
Letโ€™s say Olive Garden decided to charge for each bread stick separately.
What if they wanted to charge thirty-five dollars for each bread
stick? Sounds ridiculous, right? Thatโ€™s because it is!
The biggest difference between hospitals and Olive Garden is
that hospitals demand a lot more dough than bread sticks.
Weโ€™ll be right back.

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Hospital power point presentation

  • 1. Hospitals Why do they charge so much? Mock Newscast Assignment By Kim Crone
  • 2. ๏€ช Hospitalsโ€ฆwhy do they charge so much and why do we pay those amounts?
  • 3. ๏€ช Hereโ€™s a story for you. This little girl fell from a couch and split her forehead open on a table, so she went to the hospital. ๏€ช All they did was seal her cut with a dab of glue. Then they got the bill. The family was billed for one thousand six hundred and ninety six dollars!
  • 4. ๏€ช They couldโ€™ve glued her head with this and saved one thousand six hundred and ninety four dollars. This must really be some super glue.
  • 5. What is it made from, a past Kentucky Derby winner? Like that would justify the cost? Hey, I see Chef Guy Fieri standing behind that Kentucky Derby winner.
  • 6. ๏€ช I wonder if heโ€™s thinking about whatโ€™s going to happen to this animal after it goes to horsie heaven. My guess is glueโ€™s not on his mind. Listen, if you eat at one of Guy Fieriโ€™s restaurants, you might want to ask if you burger was once named
  • 7. ๏€ช Bessie or Sea Biscuit.
  • 8. ๏€ช No two hospitals charge the same amount for the same treatment even if theyโ€™re from the same town. Case in pointโ€ฆone Tylenol with codeine pill costs fifty cents. If you take just one at the hospital, it will cost you thirty seven dollars. For that amount, youโ€™d think it would do more than take the edge off your pain and make you more drowsy, right?
  • 9. ๏€ช Jeez, I hope so. It should really be doing thisโ€ฆ
  • 10. ๏€ช Hospitals are the largest drivers of medical inflation. The most expensive hospitals charge more than twelve thousand and five hundred dollars a day!
  • 11. ๏€ช Look at this guy. Well, he gets a roof over his head, tasteless food and an uncomfortable bed. Know what he doesnโ€™t get? Rest! And thatโ€™s because a nurse wakes him up every half hour to take his blood pressure. [Mimic nurse voice] Your blood pressureโ€™s a little high. [Regular voice]. No (bleep), thatโ€™s because you keep waking me up and pissing me off,
  • 13. Itโ€™s no wonder somebody flew over the cuckooโ€™s nest!
  • 14. ๏€ช Okay, most people have health insurance. But even so, theyโ€™re still socked with copays and huge deductibles. Warren Browner, CEO from California Pacific Medical Center, said there are good reasons why patients are charged so much. Itโ€™s because they have highly trained professionals available twenty four hours a day, seven days a week. They have to constantly upgrade to the latest equipment to
  • 15. meet patientโ€™s expectations. But you know what, studies havenโ€™t found a link between prices and patient outcomes. Shocker. And there are no market restrictions, so they can pretty much bill whatever they want.
  • 16. ๏€ช Between you and me, I think the money coming from insurance companies and patients is going straight to these CEOs. Weโ€™d really hate to see them have to live in squalor now, wouldnโ€™t we?
  • 17. Hospitals have something they call a chargemaster price list, which keeps track of how much money a patient racks up. Everyone should double check this list.
  • 18. ๏€ช Remember what I said earlier about that little girl who had her forehead glued? One of the charges was for five hundred and twenty nine dollars. It was listed on the chargemaster list as โ€œsupplies and devices.โ€ The family later found out it was for the gauze wrapped around the kidโ€™s headโ€ฆ
  • 19. which had a Hello Kitty sticker. Talk about sticker shock! This couldโ€™ve been bought at the drug store for under a dollar. I think hospitals should take a cue from restaurants and become a BYOBโ€ฆ
  • 20. ๏€ช bring your own bandages!! So hospitals can set prices as high as they want. Who else can do that? Letโ€™s say Olive Garden decided to charge for each bread stick separately.
  • 21. What if they wanted to charge thirty-five dollars for each bread stick? Sounds ridiculous, right? Thatโ€™s because it is! The biggest difference between hospitals and Olive Garden is that hospitals demand a lot more dough than bread sticks. Weโ€™ll be right back.