Obamacare Set To Drive New Wave Of Hospital Bankruptcies, by Tyler Durden

STRAIGHT LINE LOGIC

In Washington, nothing succeeds like failure. Obamacare’s massive failure sets the stage for complete government control of medicine.  Republicans’ failure to slay this monster means it will morph into something even more incompetent and deadly. From Tyler Durden at zerohedge.com:

Back in 2008, one of the biggest arguments in favor of Obamacare was that the legislation would help alleviate bad debt at hospitals created by people who required emergency care but didn’t have health insurance or the financial means to cover their treatment.  Of course, like most promises made about Obamacare, the exact opposite of the Left’s original theories has played out in reality as restructuring lawyers are now warning that the healthcare industry is about to experience a massive wave of hospital bankruptcies.  Per Bloomberg:

 A wave of hospitals and other medical companies are likely to restructure their debt or file for bankruptcy in the coming…

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Author: Lisa the Infidel

I am an #Infidel - born and bred North Carolina.

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