Home > posts > Another Consequence of ObamaCare: Public Hospitals Closing as Mandates Loom
August 31st, 2010 10:28 am
Another Consequence of ObamaCare: Public Hospitals Closing as Mandates Loom
Posted by Print

As ObamaCare’s new mandates and costs approach, public hospitals that often constitute healthcare of last resort are closing.

Over 1,000 of the nation’s 5,000 hospitals are publicly owned, established by philanthropic contributions in order to provide free or reduced-cost care to the poor.  Unfortunately, as noted by The Wall Street Journal, these caregivers simply do not possess the scale to withstand ObamaCare:

Local officials also predict an expensive future as new requirements – for technology quality accounting and care coordination – start under the health care law enacted in March.  Moody’s Investors Service said in April that many stand-alone hospitals won’t have the resources to invest in information technology or manage bundled payments well.  Many non-profits have bad credit ratings and in a tight credit market cannot borrow money, either.  Meanwhile, the federal government is expected to cut aid to hospitals…  ‘By the nature of their small size, their independence and their political entanglements, they are poorly equipped to survive,’ said James Burgdorfer.”

So once again, the Obama-Pelosi-Reid regime collides with the law of unforeseen and unintended consequences, at the expense of Americans already stretched thin.

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