Navigation Links
Struggling Medical Delivery System Impacts Hospitals and Physicians Hardest

Financial Problems Stem From Increased Labor Costs and Upswing in Uninsured

Patients. According to New Report from HealthLeaders-InterStudy

NASHVILLE, Tenn., Jan. 21 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of healthcare market intelligence, reports that physicians and hospitals continue to feel the effects of the New Orleans' struggling medical delivery system. According to the newly released New Orleans Market Overview report, the burden of uncompensated care, Medicare reimbursement rates and a shortage of healthcare workers are the key influences impacting these market segments.

"A shortage of healthcare workers has driven up the price of labor, making Medicare reimbursements insufficient to cover hospitals' current expenses," states Josh Kelley, HealthLeaders-InterStudy market analyst and author of the report. "These facilities remain heavily reliant on the state and federal governments to keep them afloat during these turbulent financial times."

A large upswing in uninsured patients and increased labor costs that have outstripped Medicare payments have resulted in major losses for the area's largest providers. Hospital executives say rising salaries, which are needed to attract professionals and service workers in the tight market, are a primary cause of hospitals' financial problems. An additional concern is that hospital Medicare reimbursements are based on pre-Hurricane Katrina cost data, resulting in payments that do not reflect current costs.

Physicians struggle financially because many of their patients have no way to pay for treatment. Many workers returning to the region have jobs in the service and construction industries that do not offer health benefits. On the positive side, state lawmakers allocated $64 million in 2007 to increase Medicaid reimbursements to physicians. Most physician practices remain in New Orleans' suburbs, where medical services and the region's population are now concentrated. The long-term stability of this market segment depends in part on the presence of residency programs that draw new physicians to the area.

About Market Overviews Market Overviews provide a detailed analysis of local healthcare markets, allowing healthcare businesses to plan their local strategies.

About HealthLeaders-InterStudy

HealthLeaders-InterStudy is the authoritative source for managed care data, analysis, and news. For more information, please visit

All company, brand, or product names contained in this document may be trademarks or registered trademarks of their respective holders.

For more information, contact:

Kelly Morphy



SOURCE HealthLeaders-InterStudy
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Struggling male readers respond better to female teachers
2. Schwablearning.Org Launches Interactive Tool to Help Parents of Children Struggling in School
3. MSU engineering team designs innovative medical device
4. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
5. Providence St. Joseph Medical Center, Caregivers Reach Agreement on a Union Contract
6. Owner and Operator of Florida Durable Medical Equipment Company Convicted of Medicare Fraud
7. Father and Daughter From Tanzania Receive Their First Medical Examination in Newport Beach
8. Doctors and medical ethicist discuss whether doctors should participate in capital punishment
9. Preparation for Natural Disasters Critical for People With Diabetes, Chronic Medical Conditions
10. Doctors and Medical Ethicist Discuss Whether Doctors Should Participate in Capital Punishment
11. Symmetry Medical Completes Acquisition Of Specialty Surgical Instruments
Post Your Comments:
(Date:11/29/2015)... ... November 29, 2015 , ... ProStatic Analog ... effect tool designed specially for Final Cut Pro X. FCPX users ... the easy-to-use modification controls. Destoying and creating chaotic distortion is now quick and ...
(Date:11/28/2015)... ... ... Trying to relax on a couch can actually be uncomfortable, so an ... due to personal experience with a bad back," he said. , This easy-to-use, versatile ... as increases support. It also makes it easier to eat, do other activities and ...
(Date:11/27/2015)... ... November 27, 2015 , ... According to an ... the University of Toronto and the University of British Columbia suggested that laws requiring ... injuries. The article explains that part of the reason for the controversial conclusion is ...
(Date:11/27/2015)... , ... November 27, 2015 , ... ... the toilets were," said an inventor from Hillside, N.J. "Many people catch diseases ... cover so that individuals will always be protected from germs." , He developed ...
(Date:11/27/2015)... ... November 27, 2015 , ... Consistent with the ... 2016 Building Better Radiology Marketing Programs meeting will showcase some of the ... 2016, at Caesars Palace in Las Vegas with a pre-conference session on a ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... UTRECHT , Nederland, November 26, 2015 ... --> Een nieuwe aanpak combineert ... van gevorderde kanker. ... -->      (Photo: ... van het Leids Universitair Medisch Centrum (LUMC) ...
(Date:11/26/2015)... DUBLIN , November 26, 2015 /PRNewswire/ ... the addition of the "2016 Future ... Drugs of Abuse Testing Market: Supplier Shares, ... report to their offering. --> ... of the "2016 Future Horizons and ...
(Date:11/26/2015)... November 26, 2015 ... addition of the  "2016 Future Horizons ... Therapeutic Drug Monitoring (TDM) Market: Supplier ... Emerging Opportunities"  report to their offering.  ... announced the addition of the  "2016 ...
Breaking Medicine Technology: