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Frist/HCA - There's another, perhaps more telling fact, from that story >>

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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-24-05 10:25 AM
Original message
Frist/HCA - There's another, perhaps more telling fact, from that story >>
http://news.yahoo.com/s/ap/20050922/ap_on_go_co/frist_shares

Uninsured patient admissions were rising faster than those of insured patients, federal reimbursements were declining in real terms and payments did not keep up with cost increases.


Hmm...just WHY are uninsured patient admissions rising faster? Could it be more and more people are living in poverty?

More and more people are settling for part-time jobs which offer no insurance?

More and more people are having to pay higher premiums as their companies aren't picking up the tab and, therefore, they elect to NOT have insurance for financial reasons?

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bahrbearian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-24-05 10:31 AM
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1. He's was just trying to run a business, Damn government interferece.
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bostonbabs Donating Member (465 posts) Send PM | Profile | Ignore Sat Sep-24-05 10:32 AM
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2. So Frist must have known what was going to happen
....and hung on as long as he could for the biggest bucks before he dumped the stock.....I agree this story gives a very concrete "structural" problem that the board of directors etc. must have been anxious about.
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Coastie for Truth Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-24-05 10:50 AM
Response to Original message
3. He (HCA) closed our downtown full service hospital -San Jose Medical
Center (with a major trauma unit at 6th Street and Santa Clara), and asked the local government to pay to renovate HCA's older Alexian Brothers/San Jose Regional and build a new trauma unit at Alexian/Regional for HCA.

Screw him - Kaiser-Keily and Stanford are easier for me to get to then Frist's Alexian/Regional.

    I used to "volunteer" at Alexian/Regional - now I'm "volunteering" at Stanford.
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mandomom Donating Member (327 posts) Send PM | Profile | Ignore Sat Sep-24-05 10:53 AM
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4. The Poor Are Coming! The Poor Are Coming!
To the barricades!
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1932 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-24-05 11:18 AM
Response to Original message
5. I laugh when I here reporters say "Frist told manager of his blind trust
to sell his shares."

Hmmm.

I don't know if the reporters are expecting people to find that ironic, or if, by not commenting on the absurdity of that situation, are normalizing the idea that a politician should be able to tell a blind trust manager how to invest his or her funds.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-24-05 04:16 PM
Response to Reply #5
6. Well, it's a "blind" trust...not a "deaf" one.
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