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.”
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