This is an extraordinarily elegant statement about what’s wrong with the House and Senate bills on “healthcare reform.” According to Dr. Toby Cosgrove, CEO of the Cleveland Clinic,
“If you have more patients coming in that are not [covered], you’re going to have hospitals that are in very deep financial trouble,” Dr. Cosgrove said. “And this is particularly true of rural hospitals and safety net hospitals, which are very dependent on Medicare and Medicaid for their returns.”
Dr. Cosgrove said congressional Republicans’ focus on payment reform instead of healthcare reform is misguided. Instead, they should be trying to identify the “root cause” of the rising costs of healthcare, he told CNBC.
“I think if we came together and deal with the root cause there’d be plenty of money to go around to look after people,” Dr. Cosgrove said. “But if we don’t deal with it now, we’re going to have the same problem going 10 years from now.” (1)
- Tamara Rosin, “Cleveland Clinic CEO Dr. Toby Cosgrove: BCRA will put hospitals in ‘very deep financial trouble’,” Becker’s Hospital Review, 28 June 2017. http://www.beckershospitalreview.com/hospital-management-administration/cleveland-clinic-ceo-dr-toby-cosgrove-bcra-will-put-hospitals-in-very-deep-financial-trouble.html