Controversial multi-billion-dollar health insurance project stops payouts to doctors

The landmark Transcatheter Excellence funded Health Services Medical Informatics Network (TEXNet), a consortium that brought together eight academic pediatrics, critical care and child health specialists to address issues raised by the use of digital health in communication, is pulling out of its ambitious $2.5 billion budget.

The Network, which was due to pay millions in health care consultants, nurses and technology workers, had been due to spend $1.5 billion. But a university president asked for a 2.6 billion raise to meet the $1.5 billion price tag for the original $1.7 billion budget.

Other Healthcare Facilities Enterprise Group leaders wanting raises were Greater Western Sydney Foundation, Mirvacrusa Health Limited, which is looking to drop $1.1 billion from its remaining budget shortfall and raise $555 million from foundation members.

Linda Hall is world-renowned in child and adolescent psychiatry, and wants to work with Australian Red Cross to fight violence against children in detention centres. However, her current contracts only provide for five more years of service, meaning she will need psychiatrists to care for price at almost 56% of that long term.

“I’m embarrassed to admit I felt threatened by the prospect of one more year at a rate of $200 a month. And I regret having brought it to my attention in the first place,” Hall, who is 68, told Reuters.

Her frustration and anger was echoed by clinical psychologist and writer, Cherie Eastenburg, who is now the subject of an editorial warning the community of her legacy.

“At this time, I are counting the years since I came to earth and I feel disappointed and reduced in some small way as a result.”

A consortium of nine academic pediatrics, critical care and child and adolescent specialists concluded last year that the delay to reach $2.5 billion by the original $1.7 billion budget was due to the perception it would not be included in the $2.5 billion year-end budget. Epidemic teacher and writer, Paul Williams, said 600 participants had expressed interest in the project, while Doctor Adams, a nursing senior lecturer and advisor to the Network, said they were more than satisfied with the same standard four-year service as available to them in Australia.

Linda Hall said she felt exposed to the vociferous health care industry and could not afford to continue to negotiate with others who were not satisfied with the same standard of care.

Already over 70% of pediatricians come from Australia, she said, leaving them less likely to negotiate in a culture in which family and community healthcare was either left to the vendor or assumed.

Financial pressure was High, she said, which left them feeling underpaid and ineffective, under-resourced and unappreciated and an afterthought to the operation.

“Well doctors are doctors,” she said. “At some point, sometimes the cash is not quite enough, so it is all about the quality and financial compliance and support of our doctors.”