Judd Legum

@JuddLegum ↗

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Last Checked Feb. 2, 2022

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Thu Jan 20 13:36:22 +0000 2022

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Judd Legum @JuddLegum

4. Large hospital networks divert patients from hospitals to other facilities where costs are lower and margins are higher That's not a bad thing in itself. But they are also reducing the # of beds which left the country ill-prepared for the pandemic https://t.co/yWjffhFiai — PolitiTweet.org

Posted Jan. 20, 2022

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Judd Legum @JuddLegum

3. Between 2010 and 2020 there were more than 680 hospital mergers. Over the same time period, "at least 120 rural hospitals have shuttered." This has coincided with a vertical acquisition of other health care facilities and providers by hospitals. https://t.co/yWjffhFiai — PolitiTweet.org

Posted Jan. 20, 2022

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Judd Legum @JuddLegum

5. As the # of hospital beds declines, the cost savings are not being passed down to consumers. By 2016, "90 percent of all metropolitan areas had highly concentrated hospital markets," effectively letting them charge whatever price they want https://t.co/yWjffhFiai — PolitiTweet.org

Posted Jan. 20, 2022