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Doug Allan

Reining in ballooning medical costs - 0 views

  • Retired hospital CEO Murray Martin has suggested that Ontario's health care system is unsustainable in the absence of dramatic cost-saving changes, such as further hospital mergers. However as with many other health care policies, there is a serious disconnect between the problem — sustaining free, universal health care — and his solution.
  • The report found that although the appeal of hospital mergers is powerful, the evidence supporting mergers is weak. It concludes that "the urge to merge is an astounding, runaway phenomenon given the weak research base to support it, and those who champion mergers should be called upon to prove their case."
  • We are getting older/living longer because at each age level, average health is better than it was 10, 20 and 30 years ago. Health care needs per person are falling at each age, which is healthy aging. But the methods governments use to plan health care services, the number and type of health care providers and expenditure on health care are not based on the health care needs of the population. Instead they are based on the assumption each age group will need the level of care it received in the past. We simply increase expenditures to allow for the increased numbers in each group, never realizing the savings from healthy aging.
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  • Failing to link the supply of health care to the needs of the population means the cost of our health care system is determined by the number of providers. Because the number of suppliers has been increasing at a rate far faster than the size of the population, even after allowing for an aging population, we now face a crisis in meeting the costs of keeping the increasing supply of health care providers fully employed.
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    This piece argues that the evidence does not show that hospital mergers will save money.  Moreover it argues that our improving health reduces costs naturally:  with improving overall health, our health care needs per person are falling.  Instead, cost increases are driven by health care providers.
Govind Rao

'Cash poor' Scarborough hospitals could not afford merger without provincial support - 0 views

  • Mar 18, 2014
  • Lack of commitment to funding by Ontario Ministry of Health led to decision by TSH board Scarborough Mirror
  • Two hospital boards made different decisions, but with only one result: after 10 months of careful work, a merger between The Scarborough Hospital and Rouge Valley Health System is “abandoned effective immediately.”
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  • The Scarborough Chinese Outreach Committee and the Community Advisory Council of TSH, both community groups which had supported the merger, applauded the board’s decision Saturday not to proceed.
Govind Rao

Ontario Health Coalition raises concerns over merger of Scarborough hospitals - 0 views

  • Emergency rooms will be closed, group says at press conference
  • Scarborough Mirror
  • By Andrew Palamarchuk
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  • A proposed merger of The Scarborough Hospital and Rouge Valley Health System would cost $30 million and lead to the loss of at least one hospital site in Scarborough, the Ontario Health Coalition says. The organization, which is supported by unions with the mandate of protecting health-care services, released a report Thursday, Feb. 20, at a press conference at McGregor Park Community Centre highlighting concerns surrounding the merger.
Doug Allan

Scarborough's two hospital systems to study merger - Infomart - 0 views

  • Scarborough's two hospitals have agreed to start studying a full merger.
  • The Central East Local Health Integration Network, a regional overseer expected to approve the study on Monday, ordered the hospitals in March to create an "integration plan" between TSH General and Birchmount campuses and RVHS Centenary.
  • "Right away it was like silos fell down between the two hospitals," said Lyn McDonell, a TSH board member on the committee.
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  • "Everything's on the table," said TSH CEO Robert Biron, who argued Scarborough's hospitals have suffered a lack of operating and capital funds because they are split, an arrangement he called "to some degree dysfunctional."
  • The TSH board expected to hear the report of an expert panel on two proposals the LHIN said required more study, the elimination of the birthing centre at the General and a division of programs turning the Birchmount into a centre for day surgery and the General into the facility for operations requiring overnight stays.
  • "We felt strongly that merger seemed to be the (option) that had the most potential."
  • As the province forces hospitals into "a more competitive model," those in Scarborough need a way to "obtain our fair share," he said.
  • We're much better positioned if we do that together."
  • "The days of hospitals doing everything for everybody" are changing, said Dr. Robert Ting, the group's president. "We have to decide what our community needs and focus on certain areas."
  • So much enthusiasm for a merger was expressed, Warren Law, a TSH board member who is not on the ILC, cautioned colleagues the appropriate time to make the case was "down the road."
  • Biron insisted the ILC is "starting from a blank slate" and no decision to merge had been made.
  • In 2011, Dr. John Wright, the former TSH CEO, initiated study of a merger between TSH and Toronto East General Hospital in East York, but the work was shelved last year after objections from medical staffs of both hospitals, residents and the LHIN, which noted the East General was outside its jurisdiction.
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    As the province forces hospitals into "a more competitive model," those in Scarborough need a way to "obtain our fair share," he said. "We're much better positioned if we do that together."
Doug Allan

Review of Scarborough hospital merger plans set for March 31 meeting - Infomart - 0 views

  • Friends of The Scarborough Hospital have arranged a town hall meeting for Monday, March 31, to examine the merger with Rouge Valley Health System, which was suspended by a last-minute vote of the TSH board.
  • The TSH board on March 15 voted to abandon the merger indefinitely but said it "shall be reconsidered" when conditions - including financial support to cover merger costs - are satisfied.
  • Despite the merger's defeat, TSH and RVHS are expected to work together on a study of planning needs for hospitals in Scarborough and West Durham, as well as a review of maternal and children's care in the area.
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  • A disappointed TSH CEO Robert Biron has told his staff a merger with Rouge Valley is still possible. "We haven't necessarily closed the door," he said at a meeting on March 18.
Govind Rao

Costly hospital mergers have not delivered solutions to failing trusts, says report | T... - 0 views

  • BMJ 2015; 351 doi: http://dx.doi.org/10.1136/bmj.h5090 (Published 24 September 2015) Cite this as: BMJ 2015;351:h5090
  • Gareth Iacobucci
  • The NHS in England has spent £2bn (€2.74bn; $3.06bn) on 12 hospital mergers over the past five years that have largely failed to resolve the problems they were intended to deal with, a report from the King’s Fund has found.The report from the healthcare think tank1 found that most of the £2bn committed by the Department of Health to initiate the mergers had been spent on tackling historical debts and covering deficits and capital investment rather than on delivering the service changes required to make the merged organisations sustainable.
Govind Rao

$3.37m in unreleased health merger costs angers opposition | The Chronicle Herald - 0 views

  • November 16, 2015
  • The cost of merging the province’s district health authorities was $3 million more than the previously discussed total. The Nova Scotia Government & General Employees Union recently released the results of a freedom of information request about the amalgamation cost and that document showed an additional $3.37 million the Health Department hasn’t discussed.
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    A freedom of information request showed that the true cost of merging Nova Scotia's nine district health authorities into one was much higher than reported by the government. The previously reported $5.7 million price tag for the merger didn't include the $3.37 million required to create a new payroll system, bringing the total cost to more than $9 million.
Irene Jansen

Affordable Care Act driving health care mergers - The Washington Post - 0 views

  • Two of the region’s corporate giants — one focused on government health insurance, the other specializing in communities for seniors — were acquired by larger industry players last week, as consolidation heats up in health-related sectors.
  • Insurance giant Aetna announced it will buy Bethesda-based Coventry Health Care, which provides Medicare and Medicaid services, for $5.7 billion. Two days later, Ohio-based Health Care REIT announced an $845 million deal to acquire McLean’s Sunrise Senior Living, which manages 300 senior living facilities in the United States, Canada and the United Kingdom, including 25 in the Washington region.
  • the health care industry is increasingly turning to consolidation as a way to cope with smaller profit margins and higher compliance costs that many anticipate when the federal government’s health care reforms under the Affordable Care Act take effect.
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  • The government’s health care reform will likely shrink insurers’ profits margins, health care analysts said, because they will no longer be able to deny individuals with pre-existing conditions, and at the same time must limit how much they raise their rates.
  • Cigna bought HealthSpring earlier this year, and WellPoint last month announced plans to acquire Amerigroup.
  • Aetna is the nation’s third-largest insurance provider
  • The deal will help Aetna reduce overhead costs, and boost Coventry’s ability to market to more consumers on state-run health insurance exchanges. Exchanges are online marketplaces that states must build by 2014 to help consumers shop for plans offered by private insurers.
  • an ACA provision known as the medical loss ratio requires them to limit spending on administrative costs and salaries to 20 percen
  • “If you’re a business like Coventry and you’re only operating in certain states, you’d only be able to market in that particular state’s exchange,” Stember said. “Aetna already operates in 50 states
  • nursing homes, senior communities and other long-term care facilities will follow a similar path of consolidation because small and mid-size operators will struggle to afford compliance costs
Govind Rao

CUPE Nova Scotia urges caution on health care mergers < Health care, Nova Scotia | CUPE - 0 views

  • CUPE Nova Scotia urges caution on health care mergers Nov 1, 2013 01:14
  • (Truro) – The president of CUPE Nova Scotia, Danny Cavanagh, says he believes the McNeil government should move very cautiously with any kind of health care amalgamations. “The downsizing of administration that was already taking place with the previous government was working. That was a good thing. It saved money and should continue,” says Cavanagh. “Any moves to merge District Health Authorities, eliminate front line services or privatize services will be detrimental to the system.&nbsp; We respectfully ask the health minister to sit down with the unions representing workers in the system before heading down the risky path of amalgamation,” he says.
Heather Farrow

Nova Scotia health-care union talks have dates set - Nova Scotia - CBC News - 0 views

  • More than a year after health authority merger, two sides will meet for the first time in October
  • Aug 12, 2016
  • The last of the major unions in the province waiting to begin negotiations will sit down with their employer in October. Several dates have been set for the council of unions representing health-care workers to meet with representatives of the Nova Scotia Health Authority. It's been more than a year since the province's district health authorities merged and the 50 collective agreements for unions expired.
Govind Rao

Aetna can expect regulatory attention on its Humana purchase, experts say - Infomart - 0 views

  • National Post Sat Jul 4 2015
  • Aetna Inc.'s US$37-billion deal to buy smaller health insurer Humana Inc. will face rigorous scrutiny from U.S. regulators, which antitrust experts said could also make other large-scale mergers in the sector more difficult. The Aetna-Humana tie-up would be the largest such deal among health insurers. Friday's announcement starts the clock on an examination by regulators of whether consumers will be hurt by diminished competition. The deal follows weeks of intense discussions about potential combinations among the five biggest U.S. health insurers: Aetna, Humana, Cigna Corp., Anthem Inc. and UnitedHealth Group.
  • Insurers want more leverage in a health-care system that has seen major consolidation among hospitals and doctor practices, as well as mergers between medical device makers and other suppliers. The cost of new drugs has soared, and President Barack Obama's health-care law has made it harder for insurers to pass on higher costs to customers. Last month, Anthem offered to buy Cigna for US$47 billion. Cigna, which had also considered purchasing Humana, has so far rejected the buyout approach. Some industry watchers expect a potential buyout of Cigna to be revived.
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  • Regulators "should be exceedingly skeptical of this deal" between Aetna and Humana, said Diana Moss, president of the American Antritrust Institute. "Depending on who merges and the change to the market structure, that affects the concerns about the competition." Aetna said it is ready to address regulatory concerns.
  • "Obviously this is something that we expect will get a thorough and careful review," Shawn Guertin, Aetna's chief financial officer, said. "We've spent a lot of time looking at this at a fairly detailed level, and we certainly think that's a manageable situation."
Govind Rao

Huge reorg of Nova Scotia's health system - 0 views

  • CMAJ December 9, 2014 vol. 186 no. 18 First published November 3, 2014, doi: 10.1503/cmaj.109-4928
  • Nova Scotia is cutting the number of district health authorities in the province from 10 to 2, with the aim of reducing administration and saving $5 million annually in senior management salaries. The new Health Authorities Act passed through the legislature in just five days.
  • Nova Scotia, a relatively small province with a population of 940 000, has “10 health authorities and 10 different ways of doing things,” says Dr. Lynne Harrigan, vice president of medicine at Annapolis Valley Health and co-lead of the transition team responsible for recommending how physicians will operate in the new system. But the focus of the merger will be on the patient. “We will streamline processes to improve care.”
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  • Doctors have already made it clear that they don’t want centralization of services to detract from the needs of local communities. “Physicians want administrative feet on the ground. They want local support,” says Harrigan. “Any model we come up with will have to reflect this.”
  • The government has made four commitments, including developing a multi-year health plan for the province that will set targets for improvement. There is also a legal requirement for the IWK Health Centre in Halifax and the provincial health board — the two authorities created by the new legislation — to prepare annual public-engagement plans to ensure community voices are heard.
  • Physicians’ response to the merger, which was a prominent 2013 election promise from the Liberal government, has been cautious but supportive. “We’re looking at it as an opportunity to work with government so patients are better served,” says Kevin Chapman, director of Health Policy and Economics with Doctors Nova Scotia.
  • The new physician bylaws, now being developed by the health department and Doctors Nova Scotia, are also expected to change credentialing and privileging in the province. “We want to streamline this,” says Patrick Lee, CEO of the Pictou County Health Authority who is currently serving as co-lead of the provincial consolidation project.
  • Privileging is not now required in Nova Scotia, and physicians who want to be credentialed to work in more than one health facility must repeatedly go through the administrative process. Under the consolidated system, all physicians will likely have to be privileged, and credentialing will be simplified. Doctors Nova Scotia applauds both approaches but expressed concerns these systems could be used to restrict physicians to specific geographical locations.
  • That worry is unfounded, says Lee. “We have no plans to make any of those changes.”
  • One of the major — and controversial — changes the government has made is to reorganize the way health care workers are unionized. Four existing unions will continue to represent health workers, but they will represent only one group each. The Nova Scotia Nurses’ Union, for example, will represent all nurses in the province. The move is intended to reduce the rounds of bargaining from 50 to 4, according to the government.
  • The implications are already significant for the health care system, says Joan Jessome, president of the Nova Scotia Government and General Employees Union, which stands to lose 10 000 members under the restructuring. “It’s affected patient care today. [Staff] are all distracted.”
Govind Rao

Competition In Health Care Markets - Health Affairs Blog - 0 views

  • January 26th, 2015
  • by&nbsp;Julie Brill
  • In this post, I want to focus on the key role economic analysis plays in the Federal Trade Commission (FTC)’s health care enforcement program. I use this lens to look first at how the FTC has become more successful in challenging hospital mergers, and then to rebut the notion that the Affordable Care Act is somehow a “free pass” for health care industry consolidation. After the federal antitrust agencies successfully challenged a number of hospital mergers in the 1980s and early 1990s,[1] we suffered a string of court losses in the mid- and late-1990s, even in cases involving highly concentrated hospital markets.[2]&nbsp;In 2002, the FTC decided to take a step back and examine the reasons for our losses, and whether our analysis of hospital markets was correct.
Govind Rao

Ontario plans health-care overhaul; Changes to include deep reforms for home care, incl... - 0 views

  • The Globe and Mail Tue Nov 24 2015
  • The Ontario government is preparing to overhaul health care in the province, including scrapping its troubled system for delivering home care and reforming primary care with the aim of improving patient access. The proposed changes, mapped out in a paper to be made public in the coming weeks, will be the focus of consultations in the new year and are expected to touch on all aspects of the health system.
  • A centrepiece of the proposals will be the expansion of the role played by the province's Local Health Integration Networks. At the same time, the province would eliminate Ontario's 14 Community Care Access Centres (CCACs), the public agencies responsible for overseeing the delivery of services such as nursing, physiotherapy and help with personal care for the sick and the elderly in their homes. The agencies have long been a lightning rod for criticism, and were the focus of a Globe and Mail investigation this year that found inconsistent standards of care and a lack of transparency that left patients and their families struggling to access services.
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  • As well, a report this fall from Ontario Auditor-General Bonnie Lysyk found that as little as 61 cents out of every dollar spent by the agencies goes to face-to-face client services, and discovered gaps in the level of care offered across the province. A second report on home care will be included in the Auditor-General's annual report in early December.
  • Suggested changes to the way primary care is delivered by family doctors and other health-care providers are also expected to gain wide attention, especially from doctors, who are in a battle with government over fees. Ontario Health Minister Eric Hoskins has been hinting for some time that change was in the works, but the existence of a policy paper and its contents have been kept under wraps.
  • Individuals familiar with different aspects of the document, who spoke to The Globe on the condition that they not be identified, describe it as "transformational" - a term that has become a favourite of the Health Minister. Earlier this month, Dr. Hoskins delivered a speech at a hospital conference in Toronto in which he repeatedly spoke of "system transformation" and the need for stronger "local governance."
  • The minister responded to questions from The Globe in a statement Monday night, saying that the ministry is "putting together a document which we hope will serve as a starting point for discussions and consultation about how we can better integrate various parts of the system and improve the patient experience." "We plan to share that discussion document in the coming weeks and will be engaging with our partners, including care providers and the public, to solicit feedback on those ideas to achieve deeper integration," the statement said.
  • The plans for change come at a critical time for Ontario's Liberal government as it looks to cut costs and tame the provincial deficit. To do that, keeping health-care spending in check is imperative, but the minister has also pledged to make improvements such as ensuring more people have access to primary care, and are not reliant on walk-in clinics and emergency rooms for after-hours nonurgent care. Any efforts to change how primary care is paid for or organized are likely to meet resistance from doctors, who are already at odds with the province after it imposed a contract and two rounds of fee cuts this year.
  • An expert panel report on primary-care reform - released quietly this fall and widely criticized by doctors - recommends dividing the province into "patient care groups," similar to school boards, with each group responsible for ensuring every resident in the area has access to primary care. As a prelude to the coming reform, at least one merger plan among two hospitals and a CCAC was paused this fall after the ministry advised the boards involved of the coming changes.
  • John Davies, chair of the board of William Osler Health System in Brampton, Ont., said merger talks with the Central West CCAC and Headwaters Health Care Centre in Orangeville, Ont., were suspended after deputy Health Minister Bob Bell wrote to them a few weeks ago advising them to suspend talks because of the coming reforms. Those familiar with the proposed reforms say the beefed-up local health networks will be given responsibility for overseeing home care, with front-line workers and case managers retaining their jobs.
  • "For the client, there will be no change," one source said. Some aspects of home care involving patients who have been hospitalized will continue to move over to a new model called "bundled care," which has been piloted by St. Joseph's Health System in Hamilton and was recently expanded to six other sites, one source said. The province will also look at tailoring care delivery to the needs of local communities, with different models possible for urban and rural settings, another source said.
Doug Allan

Doubtful on merger; Panel's proposed health unit amalgamations unlikely: doctor - Infomart - 0 views

  • A provincial panel's proposal to slash the number of health units through amalgamations isn't likely to be implemented, a local official says. Dr. Ian Gemmill, the acting medical officer of health for Hastings and Prince Edward Counties, said Wednesday the concept is too "revolutionary" and difficult to be managed before next year's provincial election.
  • Gemmill said it's basically "a huge trial balloon" but, implemented, would be a major change in the province's public health system.
  • But he stressed it is merely one option and, given the next provincial election is scheduled for June 7, 2018, the idea isn't likely to come to fruition.
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  • The veteran medical officer of health said the proposal suggests municipalities would pay the same share of the new health units'operation as they do now - 25 per cent - but he argued they could receive "quite a bit less representation."
  • He said it would also require "a huge commitment from government, which we have not yet seen" and on an "exceedingly tight" deadline.
  • "At least three major pieces of legislation would have to be changed to accommodate this," said Gemmill.
  • "I've seen a lot of them ... they don't really save money.
  • "I don't foresee amalgamations happening," Gemmill said, recalling the mergers of municipalities and school boards.
  • "I would not see the public health work force jeopardized in any way," he added. "There are very well-trained people who are doing a great job and that needs to be maintained."
  • Before his 2016 retirement, Schabas said health units could possibly save money by sharing a single medical officer of health and sharing some services. Schabas worked two days per week and was otherwise on call. He was paid $244,317 in 2016.
  • At the time of Schabas'remarks, Paul Huras, the chief executive officer of the South East Local Health Integration Network, said it was worth considering but sharing services may not work because of health units'distinct mandates. Huras said health units could benefit from better links with other health care providers and, if they could save money, may have more to spend on front-line staff.
  • Gemmill said health unit staff and Huras will meet Monday.
  • Board member Egerton Boyce, a Belleville councillor, said he attended a recent AMO panel on the subject. He said he left with the impression the concept is "likely not going to happen for a long time."
  • Health board members referred the matter to their governance committee and are expected to provide the resulting feedback to the health ministry. "There's merit to looking at the system," Gemmill told reporters. "It's been 50 years since the last time it was restructured in a major way." But he said the changes would be "a mammoth chore" and remain "very unlikely" before the election
Doug Allan

Scarborough MPPs, residents discuss provincial budget, healthcare - Infomart - 0 views

  • Scarborough-Rouge River MPP Bas Balkissoon
  • The issue isn't management, it's a lack of funding, and it's getting worse, said Dr. Robert Ting, president of the medical staff association at The Scarborough Hospital.
  • He also said he disagrees with ongoing funding cuts to hospitals like Scarborough's, that have already worked to find efficiencies in recent years.
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  • "What we're doing in Scarborough, in my personal opinion, and I stand by my personal opinion, that it's wrong. We need to review the service itself, cost it out and fund it."
  • Looking to cut costs, the Central East LHIN has asked The Scarborough Hospital and Rouge Valley Centenary to examine the possibility of a merger
  • Wong added she and Balkissoon are still waiting to hear from Ontario's Minister of Health about a letter the two penned asking the government to take control of The Scarborough Hospital, which the MPPs claim is without adequate leadership.
  • Balkissoon said he feels Scarborough isn't treated equally when it comes to healthcare funding, noting nearby North York has a similar sized population but more, and more modern, hospital services.
  • "Our hospitals are in terrible trouble ... When you have to raise your staff's pay, but you don't get increased funding, the only way you can balance your books is by cutting jobs and cutting services."
  • This is just the tip of the iceberg," Ting warned. "Going forward, we have to save another $60 million."
  • Duguid said the crunch being felt at Scarborough's hospitals is a necessary part of the provincial government's plan to decentralize healthcare by spreading out services within communities, and increasing home care services.
  • Increases to home care funding shouldn't come at the expense of hospitals, said Ting.
  • "A lot of things people still need to come to a hospital for," he said. "I feel like we're being constricted, cut by cut, and eventually we will have to say OK, we can't run this hospital anymore."
Doug Allan

Panels on future of Scarborough hospitals expected to be named soon - Infomart - 0 views

  • Robert Biron stepped into the CEO job at The Scarborough Hospital last week as the hospital prepared to plunge into work that will determine its future in a short length of time. The hospital's senior administrators were surprised on March 27 when the Central East LHIN, the region's health care overseer, froze their controversial plans to divide all surgical services between the Birchmount and General campuses and to merge their separate birthing centres into one centre at the Birchmount.
  • It also ordered other teams to do a six-month study - starting with a "directional report" in 60 days - on possible service mergers between the hospital and the Rouge Valley Health System, plus a 90-day review of how maternal and pediatric care could be shared within Scarborough.
  • During a hospital board meeting last Tuesday, he said one community member from each hospital's catchment area will be appointed by the LHIN to the panel studying integrations between the hospitals.
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  • As for an integration with Scarborough's other hospital, TSH Chairperson Stephen Smith said the board five years ago looked at the Centenary campus as a potential partner and broached discussions with RVHS, so the LHIN directive "to us, makes sense."
  • Though the LHIN's intervention kept TSH from finalizing its budget in April, the hospital's board did approve 186 cost-cutting initiatives in teleconferences on April 10 and April 25, including elimination of 198 jobs, closure of 20 beds and two operating rooms, and a "summer slowdown" in certain medical services.
  • The outline of the hospital's 2013-14 Operating Plan, intended to close a shortfall that had grown to $19.6 million, has been released and posted on its website
  • Scarborough-Agincourt MPP Soo Wong said hearing about members leaving the board has made her more concerned about the hospital than ever, and that she still supported a provincial appointment of a supervisor to run TSH, despite Ontario Health Minister Deb Matthews decision to give Biron a chance to address community concerns.
  • Wong also said the short timeline remaining for the LHIN-ordered consultations is worrisome.
Doug Allan

Board backtracks on hospital merger - Infomart - 0 views

  • The hospital in Iroquois Falls has rescinded a contentious decision to amalgamate with the hospitals in Cochrane and Black River-Matheson.
  • The amalgamation was going to be voted on by those residents who are paid-up members of the hospital at an annual general meeting that was initially scheduled June 11. That meeting has now been moved to July 2.
  • Jim Brown, a former Iroquois Falls mayor who has been an outspoken critic of the hospital administration and the proposed amalgamation, noted the rescinding could simply be a temporary measure by the hospital board.
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  • "When you say rescind, it means pulling it off the table but who's says you can't put it back on the table?" Brown said.
Heather Farrow

Bayer and Monsanto: a Marriage Made in Hell - 0 views

  • May 27, 2016
  • by Martha Rosenberg – Ronnie Cummins
  • If Monsanto, perhaps the most hated GMO company in the world, joins hands with Bayer, one of the most hated Big Pharma corporations on Earth (whose evil deeds date back to World War I and the Nazi era), the newly formed seed-pesticide-drug behemoth would have combined annual sales of $67 billion.
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  • In the 1980s, Bayer sold Factor VIII concentrate, a blood-clotting medicine acquired from Cutter Laboratories in 1978. Though Factor VIII carried a high risk of transmitting AIDS and Bayer knew, Bayer continued to sell the drug in Asia and Latin America while selling a new, safer product in the West.
  • takeover would dilute Bayer’s core drug business currently flush with sales of its blood-thinner Xarelto and Eylea, a drug to treat blindness.
  • Coalition Against Bayer Dangers
  • Bayer, a history of unsafe drugs
  • Monsanto’s first entry into Big Pharma.
  • Blood clotting drug spread AIDS
  • all three proposed mergers face antitrust reviews by agencies in the U.S., Europe and China,
  • In Hong Kong and Taiwan alone, more than 100 hemophiliacs got H.I.V. and “many have since died,” reported&nbsp;the New York Times.&nbsp;
  • Statin Baycol recalled
  • In 2001, Bayer withdrew its lucrative new statin drug Baycol because more than 50 people had died and more than six million patients were at risk from the deadly side effects of rapidly dissolving of muscle tissue.
  • Yaz birth control pill causes deaths
  • Xarelto, shady approval of a dangerous drug
  • underreported bright side: Industries that are doing well generally spin off; industries that are performing poorly generally merge and consolidate.
  • Millions Against Monsanto movement,
  • Not a chance, On October 14-16, merged or not with Bayer, the OCA and the global grassroots will expose Monsanto’s crimes against humanity and the environment at the Monsanto Tribunal, a citizens’ tribunal which will take place in The Hague, Netherlands.
Heather Farrow

Corporate churning associated with lower nursing home quality: Corporate chains tend to... - 0 views

  • Corporate chains tend to buy and sell lower-quality nursing homes, and quality remained low following transactions
  • May 2, 2016
  • Harvard Medical School
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  • Nursing homes that underwent chain-related transactions such as mergers and acquisitions experienced a larger number of deficiency citations both before and after transactions than nursing homes that did not change ownership.
  • The research, led by David Grabowski, professor of health care policy at Harvard Medical School, measures the implications of corporate ownership changes, which policymakers have long worried negatively impacts nursing home quality of care. The findings are published in the May issue of the journal Health Affairs.
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