Physician Hospitals of America Cites Economic Impact of Physician-Owned Hospitals, Calls Supporters to Action

As health reform bills more through both the U.S. House and Senate, Physician Hospitals of America, the industry trade group for physician-owned hospitals, is asking its supporters to engage their local, state and federal officials about physician-owned hospitals and their economic impact.

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A recent study found that physician-owned hospitals generated a $3.9 billion in economic activity in eight states alone Arkansas, Indiana, Louisiana, South Dakota, Nebraska, Ohio, Pennsylvania and Texas.

Language in both health bills threatens the growth of physician-owned facilities, and PHA is asking its supporters to contact their legislators and engage local leaders, such as mayors and city councilman, about the economic impact associated with physician-owned hospitals.

According to the PHA, the closure of physician-owned hospitals would eliminate $2.4 billion in total payroll, $509 million in federal taxes, $1.9 billion in trade payables and would put 55,000 full- and part-time employees out of work.

Learn more about PHA.

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