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North Carolina’s treasurer slams state’s
hospital systems for Covid exploitation, abuse

Original Article

Posted By: DVC, 9/19/2022 12:07:23 PM

North Carolina’s seven large hospital systems reaped billions in cash and financial investments after receiving taxpayer-funded Covid relief money, state Treasurer Dale R. Folwell noted. At the same time, “one in five families is in medical debt collection” due to monopolistic practices, he charged. In a Sept. 8 press release, Folwell’s office stated that the hospitals “recorded $5.2 billion in net profits in 2021, when six hospital systems made higher net profits than in the years before the pandemic.” That included: • Duke Health scored a 41% net profit margin of $1.8 billion in 2021. [snip] • Atrium Health took the most taxpayer relief dollars, collecting $589 million in Covid relief

Comments:

Giving a prescription of HCQ and/or ivermectin and an antibiotic at first indication of illness and sending them home would cure most patients, but puts very little money in the hospital's coffers.
So patients were sent home with no treatment until they were on death's door, and required highly profitable ICU care with the nefarious assistance of death-bringer Dr. Fraud and his horde of evil Dr. Minions. Lots of profit for all, death to the patients, all too frequently.

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Reply 1 - Posted by: starsNstripes 9/19/2022 12:32:22 PM (No. 1281935)
Indict them all for crimes against humanity!
5 people like this.

Reply 2 - Posted by: MsMontana 9/19/2022 12:47:46 PM (No. 1281961)
WHAT???? I'm shocked, I tell you...SHOCKED!!!! I am ever so surprised that hospitals fraudulently took advantage of the Covid crisis and collected as much government money as possible. These angels of mercy? Say it isn't so...../s
3 people like this.

Reply 3 - Posted by: LeeBertie 9/19/2022 12:55:21 PM (No. 1281970)
WOKE means never saying you're sorry. Once again we see the DUKE name, this time Duke Health. Duke University will not apologize for the continuing racism hoax they perpetrated against BTU. Don't expect any "sorry" from Duke Health either.
2 people like this.

Reply 4 - Posted by: LeeBertie 9/19/2022 12:57:25 PM (No. 1281972)
Since I'm not WOKE, I can say I'm sorry. Should have been BYU, not btu!
2 people like this.

Reply 5 - Posted by: Kate318 9/19/2022 1:26:23 PM (No. 1281999)
Covid doesn’t come cheap. Doctors, clinics, hospitals were all reimbursed at every step: testing, positive diagnoses, hospitalizations, remdesivir, vents, and death. Surely, no one thought all those horrendous numbers were accurate?
6 people like this.

Reply 6 - Posted by: MattMusson1 9/19/2022 1:29:07 PM (No. 1282001)
Folwell, as the State's Treasurer, requested information from the hospitals on their charging scheme. He received hundreds of blacked out pages. What? Are these State Secrets or Hospital Charges?
6 people like this.

Reply 7 - Posted by: DVC 9/19/2022 2:07:50 PM (No. 1282035)
Re: #6, they think that they are the CIA or something. I'll bet that the treasurer can apply some legal pressure on them and get the numbers. Perhaps a promise of sending in 100 state tax auditors to a hospital for a 6 months long financial colonoscopy would be the proper incentive to get the numbers released.
5 people like this.

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North Carolina’s treasurer slams state’s
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Posted by DVC 9/19/2022 12:07:23 PM Post Reply
North Carolina’s seven large hospital systems reaped billions in cash and financial investments after receiving taxpayer-funded Covid relief money, state Treasurer Dale R. Folwell noted. At the same time, “one in five families is in medical debt collection” due to monopolistic practices, he charged. In a Sept. 8 press release, Folwell’s office stated that the hospitals “recorded $5.2 billion in net profits in 2021, when six hospital systems made higher net profits than in the years before the pandemic.” That included: • Duke Health scored a 41% net profit margin of $1.8 billion in 2021. [snip] • Atrium Health took the most taxpayer relief dollars, collecting $589 million in Covid relief
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