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The approximate day, each year, when health insurance deductibles have been met, and patients can get medical treatment for drastically less out of pocket expenses. During this time of year, hospitals see a large increase in business, as surgeries, mri's and other large medical procedures are then scheduled as more patients meet their deductible. On Red Thursday, the blood begins to flow as the surgeons begin to cut. It derives from the term Black Friday, but in a medical context.
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