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Author: sydsydsyd Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 59182  
Subject: Re: The Profit Principle Date: 7/13/2007 8:43 PM
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Government might find itself abandonned by increasing numbers of health care providers.

Interesting, then, that Dr. Reddy's hospitals go out of their way to maintain their Medicare patients while eschewing private-sector managed care:

http://www.ocregister.com/ocregister/money/health/article_1324012.php

The new owner of three community hospitals, Reddy vows to turn weak financial performers into models for patient care and profitability. The first step: canceling all HMO contracts, which Reddy says pay rates so discounted that they are driving hospitals out of business.
...
He canceled managed-care contracts. He began advertising to senior citizens, who are covered by Medicare, which pays a steady rate. He worked to keep the emergency room open at all times so as to not lose patients to other hospitals.

Sounds to me like Dr. Reddy doesn't view the government as the problem.

sydsydsyd
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