Tuesday, December 17, 2013

37% of Louisiana Hospitals Post Total Bottom Line Losses of $786 Mil.....Shouting Out For Medicaid Expansion

I reviewed  certain key data related to the 100 individual Louisiana Hospitals contained in the excellent American Hospital Directory's (AHD) website. 

What I found was that 37 of the 100 Louisiana Hospitals, or 37% of them, posted Bottom Line Net Losses in 2012, which totaled an absolutely amazing $786 mil.

Leading the pact in these huge Losses were the Interim LSU Public Hospital at New Orleans $374 mil, the University Medical Center at Lafayette $121 mil, and the Charbert Medical Center at Houma $94 mil.

Yeah, these three Louisiana Hospitals combined generated Total Losses of $589 mil in just one year.

We love vacationing in New Orleans with its great music and eats and also watching both the Saints and LSU play football, but frankly I think that by Louisiana Government Leaders refusing to Expand Medicaid, they are not acting in the best interests of the overwhelming majority of their State's citizens.  Let me explain further.

It's not just the present very high percentage of Louisiana residents who are either Uninsured or Underinsured, most of whom would be getting fair and decent health care coverage with the Affordable Cost Act in combination with the Full Expansion of Medicaid.

It's also the massive annual Losses of the Louisiana Public Hospitals, which are now being effectively funded by Louisiana citizens.  If Medicaid were fully Expanded in Louisiana, these staggering ongoing annual Losses of these Louisiana Public Hospitals would be drastically reduced.  Thus it only makes sense that the taxes now paid to fund these annual Losses should also be substantially reduced.

Below here from the AHD website are the Bottom Line Income or Losses of the 100 Louisiana Hospitals.  The first 37 Hospitals shown all had Losses, which totaled a monstrous $786 mil in the most recently reported year, and all 100 Louisiana Hospitals combined posted Total Losses of $94.8 mil, the only State I have seen so far whose all Hospitals combined have generated Total Losses.




Net


# of Income
Louisiana Hospital Name City Beds (Loss)



$000s




Interim LSU Public Hospital New Orleans       187          (374,148)
University Medical Center at Lafayette Lafayette       150          (120,916)
Leonard J. Chabert Medical Center Houma       149            (94,260)
Louisiana Medical Center and Heart Hospital Lacombe       137            (37,474)
Villa Feliciana Medical Complex Jackson       334            (18,805)
Ochsner Medical Center - West Bank Gretna       180            (18,542)
Louisiana State University Medical Center Shreveport       471            (17,440)
Dauterive Hospital New Iberia       103            (12,513)
W.O. Moss Regional Medical Center Lake Charles        32             (11,984)
Ochsner Medical Center - North Shore Slidell       171            (10,788)
CHRISTUS Saint Patrick Hospital Lake Charles       171            (10,767)
Opelousas General Hospital - South Campus Opelousas       171              (9,142)
Bogalusa Medical Center Bogalusa        49              (8,624)
CHRISTUS Schumpert Medical Center Shreveport       577              (5,582)
Acadian Medical Center Eunice        52              (4,155)
Mercy Regional Medical Center Ville Platte       109              (4,133)
Ochsner Baptist Medical Center New Orleans        83              (2,935)
Saint Francis Medical Center Monroe       581              (2,930)
River Parishes Hospital LaPlace       106              (2,672)
Lasalle General Hospital Jena        49             (2,479)
Fairway Medical Surgical Hospital Covington        21             (1,838)
Lakeview Regional Medical Center Covington       180              (1,576)
Winn Parish Medical Center Winnfield        60              (1,560)
American Legion Hospital Crowley       178              (1,475)
Ochsner Medical Center - Kenner Kenner       112              (1,361)
Desoto Regional Health System Mansfield        38              (1,241)
Saint Charles Parish Hospital Luling        59              (1,234)
Women & Children's Hospital Lake Charles       108              (1,099)
Savoy Medical Center Mamou       180              (1,096)
Northern Louisiana Medical Center Ruston       140                 (954)
West Carroll Memorial Hospital Oak Grove        33                 (683)
Citizens Medical Center Columbia        40                 (486)
Homer Memorial Hospital Homer        60                 (360)
Avoyelles Hospital Marksville        51                 (292)
West Calcasieu Cameron Hospital Sulphur       109                 (185)
Franklin Medical Center Winnsboro        37                 (180)
South Cameron Memorial Hospital Cameron        49                 (126)
E. A. Conway Medical Center Monroe       158                     -  
East Carroll Parish Hospital Lake Providence        23                     71
Monroe Surgical Hospital Monroe        10                   107
CHRISTUS Saint Frances Cabrini Hospital Alexandria       303                   187
Teche Specialty Hospital New Iberia        24                   219
Doctors Hospital at Deer Creek Leesville        10                   259
Ochsner Medical Center - Baton Rouge Baton Rouge       160                   278
Minden Medical Center Minden       155                   295
Richardson Medical Center Rayville        38                   299
Physicians Medical Center Houma        30                   428
Caldwell Memorial Hospital Columbia        47                   450
Oakdale Community Hospital Oakdale        60                   454
Huey P. Long Medical Center Pineville       122                   460
Sabine Medical Center Many        48                   558
Springhill Medical Center Springhill        60                   702
Allen Parish Hospital Kinder        49                   773
Opelousas General Hospital Opelousas       220                   881
Green Clinic Ruston        12                1,202
Iberia Medical Center New Iberia       101                1,208
Jennings American Legion Hospital Jennings        53                1,222
Abbeville General Hospital Abbeville        60                1,354
Ouachita Community Hospital West Monroe        10                1,392
Teche Regional Medical Center Morgan City       165                1,491
Slidell Memorial Hospital Slidell       190                1,499
Morehouse General Hospital Bastrop        49                1,551
Beauregard Memorial Hospital DeRidder        64                1,629
Natchitoches Regional Medical Center Natchitoches       208                2,155
Lafayette General Surgical Hospital Lafayette        10                2,183
The NeuroMedical Center Surgical Hospital Baton Rouge        23                2,507
Women's and Children's Hospital Lafayette       161                2,956
Cypress Pointe Surgical Hospital Hammond        30                2,990
Byrd Regional Hospital Leesville        52                3,409
Heart Hospital of Lafayette Lafayette        32                3,430
Lane Regional Medical Center Zachary       182                3,479
P & S Surgical Hospital Monroe        22                4,681
Central Louisiana Surgical Hospital Alexandria        24                4,839
Surgical Specialty Center of Baton Rouge Baton Rouge        16                6,047
Our Lady of Lourdes Regional Medical Center Lafayette       186                6,216
Saint Elizabeth Hospital Gonzales        68                6,868
Southern Surgical Hospital Slidell        37                6,935
Lafayette Surgical Specialty Hospital Lafayette        20                7,227
Park Place Surgical Hospital Lafayette        10                7,572
Terrebonne General Medical Center Houma       198                8,444
The Regional Medical Center of Acadiana Lafayette       292                9,005
Lake Charles Memorial Hospital Lake Charles       297              11,478
Saint Tammany Parish Hospital Covington       236              12,039
Lafayette General Medical Center Lafayette       340              12,416
Specialists Hospital - Shreveport Shreveport        15              12,650
North Oaks Medical Center Hammond       251              13,688
Glenwood Regional Medical Center West Monroe       274              14,489
Baton Rouge General - Mid City Baton Rouge       466              16,004
Thibodaux Regional Medical Center Thibodaux       159              18,225
Rapides Regional Medical Center Alexandria       323              20,166
Saint Bernard Parish Hospital Chalmette        40              22,851
Touro Infirmary New Orleans       314              23,438
Woman's Hospital Baton Rouge       216              23,758
Willis-Knighton Bossier Health Center Bossier City       166              27,651
West Jefferson Medical Center Marrero       437              35,567
Our Lady of the Lake Regional Medical Center Baton Rouge       714              37,432
Tulane Medical Center New Orleans       348              41,681
Willis-Knighton Medical Center Shreveport       768              52,933
East Jefferson General Hospital Metairie       437              66,308
Ochsner Medical Center - New Orleans New Orleans       749             118,541




Total all 100 Louisiana Hospitals
 15,659            (94,808)