As First Blush Of Health Law Fades, Hospitals’ Profits Drop Back To Modest
Hospitals at first were seeing more new patients because of the Affordable Care Act, but now, with debt from large mergers climbing and the rise of high-deductible plans, some think hospitals have been "left holding the bag." But one health system in Wisconsin credits the health law for an increase in its profits.
Hospitals See Modest Profits After Obamacare Binge
Life was really good in the for-profit hospital world after the Affordable Care Act became law. Hospitals made money from waves of new patients insured under the ACA, but now the wave is receding. Tenet Healthcare will become the latest in the sector to report earnings, Monday afternoon. (Marshall-Genzer, 2/22)
The Milwaukee Journal-Sentinel:
Obamacare Helps Boost Profits At Area Health Systems
Health systems in the Milwaukee area have seen a sharp increase in profits since the expansion of health insurance through the Affordable Care Act. That wasn't the initial expectation. (Boulton, 2/22)