Anyone working for FMC annoyed by this?

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I just read a company email that FMC is boasting a "9% increase in revenue to $1,876 million & dialysis services revenue also increased 9% to $1,677 million" for the second quarter of 2009. But when the employees at our clinic asked a few months ago about a cost of living raise, our area manager reported to us there is no need for a cost of living raise since the cost of living has not gone up. ARE YOU KIDDING ME.... is anyone else annoyed by this? Fresenius is bragging about profits when the staff are overworked, under paid and can get a maximum annual raise of only 3% (which no one ever receives since this leaves no room to "improve"). FMC also reported a $17 increase in revenue for EVERY dialysis treatment during the quarter. Our clinic is so understaffed, the patients get marginal care (we do the best we can with what we have). Just another great example of profit over patient care and safety. I honestly don't know how the "big wigs" can sleep at night with the injustices this company does to their patients and employees. UGGGGHHH.

There aren't enough private pay patients to cover as much profit as Fresenius makes. Medicare is the bulk of their patient revenues.

How do you figure they don't need someone present when they do HD at home. What happens if they mistakenly enter the wrong goal and crash? Who'd gonna give them saline to revive them? They certainly don't need a paid partner.

Premiums have been raised because costs are up. Is your car insurance cheaper? Is your home insurance cheaper. I just find it weird that people think healthcare will get cheaper. So many seem to think the USA has an unending pot of money somewhere. We don't. I also have problems with people who think their lives and the preservation of that life should come cheap.

Another thing is that many have insurance company stocks in their 403b/401k retirement funds. Now they don't send the money they've made off those profits back to the insurance companies do they?

NDXUFan writes:

If you are using Nocturnal Dialysis, 5-6 days per week and the machine is moving at a speed of 300 with a Heparin pump, you do not have fluid crashing issues.

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Friedman, Chicago, and Reagan (still waiting for that trickle) all give me pause.

:)

NDXUFan writes:

Under the Reagan tax cuts, tax revenue went from $515billion(1980)to $991billion(1989)(IRS, Wall Street Journal, and The New York Times Almanac).

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This is why I quit when Bma bought our clinic. I had 30 yrs exp and was Pd manager for 20. But I had previously worked for them when they were BMA and I knew their greed.

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They make there our products, buy epo at a discount and sell it through their supply chain, hirer less RN to oversee techs, and right off all losses. The only money they spend is on there top heavy management. Things built top heavy usually tumble over

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I can always count on you, GC, for my ah-HA! moment in all this!

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The comment about DaVita and overtime is true.

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That is really goofy about the protein shakes.

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Trust me, I believe you. I would be shocked if it was the other way around.

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You mean Fricking mother *******s. Yes I quit there after 12years as an Lpn ans 22 as Rn they are top heavy cheap and greedy I quit ASAP when they bought us out, I orginally worked for them when they were BMA

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If anyone needs a union, it's FMC nurses.

I worked at an FMC unit where we were required to give protein drinks to pts whose albumins were =/> than 3.4, but less than 3.9. We were not permitted to give the drinks to pts whose albumins were lower than 3.4.

And here is the reason told to me by an FMC mgr:

"If we give the drink to pts whose numbers are at least 3.4, we can bring them up enough in time for their next labs so that our numbers look good. Pts whose albumins are less than 3.4 won't come up in time or enough to make us look good on the next lab results, so they don't get any of the drink."

In other words- "if you are a pt whose albumin is low, screw ya. You can't make FMC look good, so we won't bother with you. If your albumin is borderline, we'll help you out because it will make us look better."

I'm waxing kitchen-table level philosophy here but...

...your post is a singularly interesting anecdote for the world as it is.

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Specializes in Registered Nurse.

Mudman123 or anyone, where can a nurse with so many years of dialysis experience find a job after leaving FMC other than the other Big Corporate Dialysis Center, Davita. For me anyway, I'm forever a dialysis nurse for potential employers because I have worked in dialysis for many years. So how does one get out of dialysis nursing after working in dialysis for years.

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As I understand, the facility administrators receive a hefty bonus if they can save money... the floor staff gets zilch nothing...this is what I have been told, not sure if it is accurate. One would think if the companies are making so much money that there would be incentives for staff to deliver safe care.. If you want to view some inspection reports to really see how some facilities provide care go to www.qualitysafepatientcare.com

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