Month: August 2022

NC Hospitals Have Record Profits During Pandemic

NC Hospitals Have Record Profits During Pandemic

An analysis by the North Carolina State Health Plan and the National Academy for State Health Policy found that taxpayer-funded COVID relief gave a huge wealth transfer to North Carolina’s seven dominant hospital systems. While patients and rural hospitals suffered, wealthy hospital systems enjoyed record profits and a $7.1 billion growth in cash and investments during the pandemic.

Click here to read the article and download the study:

https://www.shpnc.org/what-the-health/nc-hospitals-profit-during-covid

 

Featured image by Gerd Altmann from Pixabay

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100 Million People in America Are Saddled With Health Care Debt

100 Million People in America Are Saddled With Health Care Debt

A recent investigation by Kaiser Health News and NPR reveals that 100 million Americans have significant medical debt. This is far more pervasive than previously reported.

“Debt is no longer just a bug in our system. It is one of the main products,” said Dr. Rishi Manchanda, who has worked with low-income patients in California for more than a decade and served on the board of the nonprofit RIP Medical Debt. “We have a health care system almost perfectly designed to create debt.”

https://khn.org/news/article/diagnosis-debt-investigation-100-million-americans-hidden-medical-debt/

Featured photo from Pexels/Pavel Danilyuk

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