Not news for Texas:
As a state that does not require a “certificate of need” to build hospitals, Texas leads the nation in the number of doctor-owned, limited service health care businesses, such as surgical or diagnostic centers, according to THA. Out of 100 such facilities that operate across the nation, about 50 are in Texas, with at least another 30 proposed or under development. Specifically, in the Houston area, there are currently 10 existing physician-owned hospitals and at least 12 that are pending, according to the Texas Hospital Association.
Read more: Physician-owned hospitals under fire | Houston Business Journal
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Memorial Health Care System (a night mare HC provider) was sued by the Tx AG for anti-trust actions against a Doc owned Hospital. The suit was settle with MHCS agreeing to 5 years probation and $1mil settlement with the state.
MHCS is the prototype for the nightmare Americans can expect from HCR. Herding the cattle (Americans) into the chutes.
Link to article:
http://www.bizjournals.com/houston/stories/2005/05/23/story3.html
Does that mean the ones in existence must close or sell out to the government?