Skip to comments.IU Health buying docs in hospital ventures
Posted on 05/31/2011 7:57:14 AM PDT by sonofagun
The culprit is the 2010 health care reform law, the Patient Protection and Affordable Care Act. It stipulates that physician-owned hospitals cannot increase their total number of beds, operating rooms and procedure roomsor if they do, they will no longer be eligible for payments under the federal Medicare program.
(Excerpt) Read more at ibj.com ...
Suspecting some connection to Obamacare, I did a quick search.
Lo and behold, I found part of the reason.
Indiana University, a public institution, appears to be creating an umbrella of safety from Obamacare by converting privately owned hospitals to public/not for profit institutions.
I'm not a business man, so someone please critique my interpretation.
It's a sort of fascist BS designed primarily to kill off more of the elderly faster.
But, I thought it was the Republicans who wanted to kill the elderly.
Of course not.
got the same thing here with the University of Pittsburgh/UPMC. They are developing a virtual health care monopoly around here.
I'll venture a guess that every state in the union has these public universities buying up private health care facilities.
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