Copy_Cat wrote:Riccola wrote:Psychiatry = $$$$$$$$$
Universal Health Services profit rises sharply
By Maria Armental
Published: Oct 27, 2015 5:34 p.m. ET
Overall, Universal Health reported a profit of $150.3 million, or $1.48 a share, compared with $82.8 million, or 82 cents a share, a year earlier. Excluding certain items, largely tied to the adoption of electronic health records at its acute-care hospitals, profit rose to $1.53 a share from $1.36 a share a year earlier.
Net revenue rose 9% to $2.23 billion...
On a same-facility basis, acute-care hospitals reported a 7.2% increase in revenue with admissions, excluding outpatient services, up 5.1% and adjusted patient days up 5.6%. Meanwhile, revenue from its behavioral health hospitals rose 5%, with adjusted admissions increasing and adjusted patient days up 1.6%.
Shares closed Tuesday at $116.04, up 4% this year.
More http://www.marketwatch.com/story/universal-health-services-profit-rises-sharply-2015-10-27-174853416
Most of us have seen what goes on, they just run these nasty lockups where they zombify the $#%^ out of people with drugs and call it "better" wile collecting $1,000 + dollars a day.
Sure they have expenses but a 100 bed facility with the beds full is bringing in $100,000 dollars a day.
I mean WTF we have been there, the "doctor" goes around and talks to people for two to five minutes before drugging everyone into zombie stupid, they have a nursing and kitchen staff and maintenance some office workers nothing too complicated going on.
Look at this
Some average costs for long-term care in the United States (in 2010) were:
$205 per day or $6,235 per month for a semi-private room in a nursing home
$229 per day or $6,965 per month for a private room in a nursing home
http://longtermcare.gov/costs-how-to-pay/costs-of-care/
In a nursing home they spoon feed people, change diapers, do laundry...alot of work. WTF do they do for people in inpatient psych ? Lock the door, push disabling pills at everyone and run their little prison and get five times more money.
I don't know what to write anymore, I saw what goes on inpatient. Most people messed up from either psychiatric drugging in the first place getting more of the same or they dug themselves into a hole with alcohol or street drugs and of course the people who screwed themselves up with alcohol or street drugs are labelled and converted into lifetime psychiatric patients.
Why with billions spent on mental health "care" and all the "wonderful" new drugs does the number of mentally disabled people continue to rise year after year ??? ITS THE TREATMENT !!!
That is the whole point of these facilities: make ever more profit. If more people become ill, and ill people become sicker, more money can be made. The entire business is built from the ground intending to fill empty hospital beds while making people worse. Thats it. Damage for life. The public might not know this, and people working in them might not know, but those who create and run these institutions certainly know.