You’d also have to force doctors and nurses and specialists to accept Medicare-based wages. And that will never happen, not with the cost of being educated and maintaining certification in those specialties. What you’ll end up with is boutique care, closed private practices where doctors pick and choose their clientele. And, you’d have to indemnify the hospitals from lawsuits because they won’t be able to afford them. Regional centers with long waiting lists staffed by imported PAs of questionable training will take care of the ‘little people’ - the equivalent of nursing home level care.
You can look at how German doctors viewed their situation over the past thirty years. At some point around 2005, some international HR-medical folks arrived and began to recruit German doctors. In a period of 18 months, they took 5,000 German doctors outside of the country for public/private service in other countries (Australia, US, Norway, etc). It made a fairly big dent in public healthcare....requiring the Germans to go and recruit outside of the country, and to increase the pay-situation.
Same deal with German nurses. They wake up in their mid-30s to realize the pay will never get much better, and find that various other countries will offer greatly improved wage situations.