On the menu today: It's time to take a look at one of those looming national problems that is not sexy and unlikely to get a lot of attention in the presidential race but that is a problem nonetheless: We're used to seeing hospitals claim they're running out of money and need more government assistance. What we're not used to seeing is hospitals actually going ahead and closing their doors, and not necessarily those in the most rural, far-out places. Somehow the U.S. government went on an unprecedented spending binge during the pandemic, with much of that spending focused on health care, and yet hospitals, particularly rural hospitals, contend they're just scraping by. Meanwhile on Capitol Hill, lawmakers have noticed that Medicaid reimburses hospitals at a much higher rate than private practices for the same procedures and care, and they are taking a serious look at "site-neutral payments" — perhaps the only proposal to reduce Medicaid spending that is plausible and that won't automatically get demagogued to death.
The High Costs of Health Care and the Falling Fortunes of Hospitals
How can it be that health care in the U.S. is so expensive — ...
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