American Hospitals Are Disappearing — and Repealing Obamacare Will Make It Worse

From Bloomberg (Hat Tip: Dr. Butts):

Hospitals have been disappearing as government pressure to drive down costs moved care to standalone units, doctors’ offices and even patients’ homes. Now, with the election of Donald Trump and his promise to repeal Obamacare, they find themselves more vulnerable than any other health-care providers to the major disruptions ahead, as they could lose government funds and face an increase of uninsured or less-profitable patients.

“It’s been a very tough environment for hospitals,” said Jason McGorman, a Bloomberg Intelligence analyst. “They have to get into other areas and businesses to free up cash and generate better margins than inpatient care, which has become a slow-growth business.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: