Public Hospital shakeup

[Guest guest]

But, Obamacare was supposed to guarantee health care for all, easy access and low cost. How can hospitals be facing rising costs because of this legislation and be facing bankruptcy because of it?

Medicare and Medicare destroyed the small, local hospitals, particularly those in rural areas. Today, many rural areas have no access to health care beyond maybe an old primary care doctor, or traveling clinics that provide screenings, pull teeth, and some minor care. All very middle ages.

Also, the name of the company that bought this Alabama hospital sounds familiar. I think this might be an outfit related to a currently serving Congressman. I recall some outfit in Tennessee that was tied to a Congressman who used the health care bill to steer business its way and harm competition. Don't recall his name though.

Quote:

Faced with mounting debt and looming costs from the new federal health-care law, many local governments

are leaving the hospital business, shedding public facilities that can be the caregiver of last resort.

Officials in Lauderdale County, Ala., this spring opted to transfer their 91-year-old Eliza Coffee Memorial Hospital and other properties to a for-profit company after struggling to satisfy an angry bond insurer.

"We were next to knocking on bankruptcy's door,'' said Rhea Fulmer, a Lauderdale County commissioner who approved the deal with RegionalCare Hospital Partners, of Brentwood, Tenn, but with trepidation. She said the county had no guarantee the company would improve care in the decades to come. "Time will tell.''

http://www.foxnews.com/politics/2010/08/30/cash-poor-local-governments-ditching-public-hospitals/?test=latestnews