Tuesday, August 13, 2013

Tsunami of sewage: ObamaCare driving hospital mergers, which will lead to higher health care costs

ObamaCare is like a tsunami of sewage, the flow is unpredictable but the result is the same.

From the New York Times:
Hospitals across the nation are being swept up in the biggest wave of mergers since the 1990s, a development that is creating giant hospital systems that could one day dominate American health care and drive up costs.

The consolidations are being driven by a confluence of powerful forces, not least of which is President Obama’s signature health care law, the Affordable Care Act. That law, many experts say, is transforming the economics of health care and pushing a growing number of hospitals into the arms of suitors.
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