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.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
