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Detailed text transcripts for TV channel - CNN - 20100226:03:46:00

Insurance or can t pay. that s built into these costs as well. finally, keep in mind what is charged and what is ultimately paid are two very different numbers. in fact if you talk to some executives of hospitals they ll say, you know, for every dollar that is actually billed sometimes collections can be as low as 4% or 4 cents on the dollar. everyone is sort of saying, it s not my fault. sort of pointing fingers like this. we did ask the hospitals directly and they said they have to hike up prices so patients who have insurance can compensate for those who are uninsured all together. hospitals insist they re not making the profits you might expect having just watched that piece. 50% of our nation s hospitals are unprofitable, operating in the red. we found the makers of many of those products you just saw, they seem to be doing okay. companies like 3-m profits were up $935. medtronics, that s the maker of pacemakers, implantable ....

In The Red , Implantable Defibrillators ,