COVID-postponed joint replacements are costing U.S. health systems around $2 billion monthly – By Bernard J Nelson, California Healthline, Kaiser Health News (Fortune) / Aug 6 2020
Dr. Ira Weintraub, a recently retired orthopedic surgeon who now works at a medical billing consultancy, saw a hip replacement bill for over $400,000 earlier this year.
“The patient stayed in the hospital 17 days, which is only 17 times normal. The bill got paid,” mused Weintraub, chief medical officer of Portland, Oregon-based WellRithms, which helps self-funded employers and workers’ compensation insurers make sense of large, complex medical bills and ensure they pay the fair amount.
Continue to article: https://fortune.com/2020/08/06/hip-knee-joint-replacements-hospitals-covid-elective-surgeries-revenue-healthcare-america/
