IU Health buying docs in hospital ventures

Indiana Business Journal News ^ | May 23, 2011 | J.K. Wall

[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 rooms—or if they do, they will no longer be eligible for payments under the federal Medicare program.

[sonofagun]

I've noticed over the past year that many hospitals across Indiana have taken on the name "IU Health".

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.

[muawiyah]

Sounds like what was in the ObamaKKKare bill. They don't want private hospital facilities to be able to provide services to folks on Medicare.

It's a sort of fascist BS designed primarily to kill off more of the elderly faster.

[lowbridge]

bump

[anoldafvet]

But, I thought it was the Republicans who wanted to kill the elderly.

[muawiyah]

Of course not.

[Buckeye McFrog]

got the same thing here with the University of Pittsburgh/UPMC. They are developing a virtual health care monopoly around here.

[sonofagun]

got the same thing here with the University of Pittsburgh/UPMC.

I'll venture a guess that every state in the union has these public universities buying up private health care facilities.