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The Economics of Healthcare: How Hospitals Make Money Explained

Ever wondered how hospitals manage to make money? It's a complex system influenced by various factors including insurance coverage, the number and types of procedures performed, the length of patient stays, and the complexity of cases treated. This video breaks down the financial workings behind hospital operations, revealing how insurance payouts vary significantly depending on the patient's coverage and how this impacts hospital preferences. I dive into why hospitals earn more money from more procedures due to technical and professional charges, and why shorter patient stays are financially more advantageous due to payment structures and potential penalties for deviations from standardized hospital days. Despite these income streams, challenges such as uninsured and indigent patients can significantly cut into profits. #healthcare #hospital #healthcarenews #healthcareeconomics #podcast #nurse #news #fun #newsupdate #rn #travelnurse #newstoday #nursing #nurselife #nursingschool #nursingstudent #nursingpodcast #travelrn #travelnurse #studentnurse Cup of Nurses: https://fanlink.to/CONsite Apple https://fanlink.to/Applepodcast Spotify https://fanlink.to/Spotifypodcast Cup of Nurses Store https://fanlink.to/CONshop Interested in Travel Nursing? https://fanlink.to/TravelNurseNow Free Travel Nursing Guide https://fanlink.to/Travelnursingcheck... Nclex Guide https://fanlink.to/NCLEXguide

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