Hospitals fear Obamacare repeal may create financial strain

Affordable Care Act goes beyond expanding health insurance coverage to helping keep hospitals afloat, expert says


Some healthcare experts believe the Republican replacement for Obamacare could have a dire impact on hospital finances, according to an article on the USA Today website.

The Affordable Care Act goes beyond expanding health insurance coverage to helping keep hospitals afloat, according to one expert.

 "The consequences of hospitals being under financial distress include closing all together, stopping particular services that may be very necessary to the community and struggling to maintain quality of care," said Josh Sharfstein, a pediatrician and former top health official for the city of Baltimore and the state of Maryland.

However, some suggest hospitals are being unduly alarmist about the effect the new law could have on hospitals.

"It's an attempt to get more money from the taxpayers through this legislation," said James Gelfand, senior vice president for health policy at the ERISA Industry Committee, which represents major employers on benefits issues.

Read the article.

 



March 21, 2017


Topic Area: Industry News


Recent Posts

Probiotic Cleaners: The Start of a Cleaning Revolution?

Advantages of probiotic cleaning include fewer resistant genes and cost savings through decreased antibiotic use.


Gun Incident Highlights Need for Security Infrastructure

A man was arrested at Aultman Memorial Hospital after allegedly firing a gun in the ER.


Creative Solutions in Healthcare Acquires 5 Skilled Nursing Facilities

Each location is planned to begin substantial upgrades to infrastructure and resident services.


Over 700 Hospitals at Risk of Closure

Hospitals are citing financial problems at the main cause of potential closure.


Astrana Health Fully Acquires Prospect Health

They completed the acquisition of Prospect Health for a total purchase price of $708 million.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.