I have to respectfully disagree with you on this one, my friend. While HC reform has some really good attributes come 2014, it will be interesting to see who survives until then which is where the real problem lies.
Did you know that it was published yesterday in the Chicago Tribune that the birth rate in Illinois has not been as low since the Great Depression? Whoa! As I'm sure you know, one of the cornerstones for success at non university hospitals is OB as women tend to make family health care choices so the birthing experience is a segway to future health care needs in a community hospital. Hmmmm what to do if women aren't birthing so much? Actually OB is considered a loss leader within a hospitals' product line but so important related to this concept. http://www.chicagotribune.com/news/chi-ap-il-illinois-birthrat,0,5045380.story
We are in the "Prelude" phase of HC reform which is painful for providers as everyone...be it hospitals, doctors, other providers are trying to figure out how to respond to the changes and survive because the only way the whole thing will come together is when more people or covered lives, as they say, will be a part of the formula. It's a total mindshift. 2014 a long ways away for an industry that costs $1million per day per hospital minimum to keep head above water.For interesting discussions regarding this topic, sign into SG2. I think you can access a fair amount of their info if you register. http://www.sg2.com/ExpertBlog.aspx
I would venture to say that the President put Biden "out there" to say what he did about Pharma, HCA, and +/- insurance companies (AHIP) because it was too highly charged of a statement that he undoubtedly would have to retract.
So you are correct in your last statement if you look at it in the future...
Problem is what transpires in the next few years. Anyways, not sure what this has to do with CBAI but interesting discussion. GLTU
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.