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Opinion: As hospitals raise their prices, U.S. workers and businesses suffer
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Opinion: As hospitals raise their prices, U.S. workers and businesses suffer
Wed, 2022-08-31 10:21 — mike kraft As hospitals raise their prices, U.S. workers and businesses suffer Many of health care's corporate leaders have exploited the Covid-19 crisis to further consolidate, drive up costs, and collect billions in federal funds with few, if any, strings attached. STAT
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There’s no question that many of these dollars have helped support vulnerable facilities, particularly in vast, underserved rural areas, and proved necessary federal investments to care for Americans. But the story is far different for many urban hospitals. Numerous well-heeled health systems used earlier Covid subsidies to support strategic acquisitions of vulnerable competitors and physician practices, and are now leveraging those acquisitions to raise prices when Americans can least afford it.
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