Fannie Mae-No Politics (FNMA)

[redsolocup]

There are periodic waves of them going on as the census in hospitals shrink. My 2 campus, 600+ bed facility keeps a census of about 225 now. Less money ( thank you, Affordable Care Act) = fewer employees and those that are left are stretched way too far. Also there are lots of freestanding ERs, day surgery centers, labs, imaging centers, etc., cherry-picking patients from the big facilities. Hospitals will be basically critical care facilities (sickest of the sick) and ER/Trauma centers unless they can get real smart and joint-venture lots of stuff fast. Moral at my hospital was terrible before the layoffs...I'm sure it's no better after. Some healthcare businesses are probably good investments...if they are private pay based