Hospitals consolidation Leads to High Increase in Healthcare costs

The USG predicts that healthcare costs with continue to rise even though they are ridiculously high. They will do it in two ways. First, they will continue to purchase medical practices and bring them into the hospital. They will pay the doctors and will require doctors to meet numerous quotas such as a specified number of x-rays, blood tests and even patients for the OR. Doctors that fail to meet their quota will be terminated. Many of the medical procedures previously done in a doctors office will be done in the hospital at significantly higher prices. This increase in healthcare spending will be most of the $160 billion increase in healthcare spending during the next ten year. Most of this consolidation is in violation of the antitrust laws but the Obama Administration is letting them get away with it. You can fight back by twittering etc “ON WITH THE REVOLUTION”

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