Word: pieper
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Dates: during 1990-1999
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...worried about this legislation," says Jay Pieper, vice president for corporate development and treasury affairs for Partners Healthcare System, the affiliation of Massachusetts General and Brigham and Women's Hospitals. "It is such a focused reduction in a particular segment of health care. If you're intelligent you have to be worried...
According to Pieper, Partners Healthcare alone would stand to lose about 30 percent of that amount, or roughly $400 million...
Partners alone receives about $100 million per year from Medicare for teaching, which is about one-third of what all Massachusetts hospitals receive, according to Pieper...
...Pieper says teaching hospitals must depend on Medicare to pay these extra costs because insurance companies simply don't have a financial incentive to pay for teaching and research...
...Pieper says the lack of private insurance funding for teaching and research is the core problem. He says he doubts the competitive private environment will be able to pick up the costs if the government doesn...