Tincture July 17, 2019
This week, 2020 presidential hopeful Bernie Sanders introduced a bold and certainly ambitious idea to create a $20 billion emergency trust fund that local or state governments could tap into to buy hospitals on the chopping block.
Though Sanders hopefully has good intentions, bailing out unprofitable hospitals isn’t the fix for our failing healthcare system. Rural hospitals do play a very important role. In the hard-to-reach parts of this country, residents may only have — at best — somewhat-speedy access to a single hospital. And if that one nearby hospital closes, they may be left with little to no other options for emergency services.
But for the hospitals struggling financially outside of rural areas, propping up a broken business...