In a good report full of facts and figures, it is tempting to pick out one or two and claim they prove your point. Unfortunately, this morning’s (March 22nd) Axios Vitals selectively used data from MedPAC’s March Report to Congress to suggest that hospitals lose money on Medicare because they are inefficient. The blurb entitled “Let’s talk about hospitals’ Medicare margins” misses what is arguably MedPAC’s most compelling data point: 331 “relatively efficient” hospitals experienced a negative Medicare margin in 2016. It’s on page 86 – just two pages past the points highlighted by Axios.
Welcome to FAH!
Founded in 1966, the Federation of American Hospitals (FAH), is the national representative of more than 1,000 investor-owned or managed community hospitals and health systems throughout the United States.
Congratulations to Ed Hardin
Mr. Hardin is the Senior Vice President for Supply Chain Management at Beaumont Health.