It’s the biggest scandal — and the biggest swindle — you’ve never heard of: Dementia patients are being shipped back and forth between nursing homes and hospitals in a calculated attempt to raise their cash value.
And boy does it ever work. (more…)
Doctors and hospitals in the United States have a financial incentive to perform surgery on dying seniors because Medicare is guaranteed to pay for it, and most of the procedures fail to improve the patients’ lives at all.
Several colleagues from the Harvard School of Public Health recently reported that 1.8 million Medicare beneficiaries age 65 or older died in 2008, and over 34% were operated on during their last year, 25% in their last month, and 10% in their last week of life. (more…)