New Style of Health Care Emerges to Fill Hospital’s Void
“[T]he demise of St. Vincent’s has also turned Lower Manhattan into a laboratory for health care reform. The new clinics and the maneuvering by large chains are anticipating an expansion of the number of people with insurance and changes in the way that health care is delivered and paid for. And they are testing the notion, long held by health planners, that the city can survive with fewer hospitals. . . .
[I]n its waning days, St. Vincent’s was filling far fewer beds than it did during the AIDS crisis, and as is the case at other hospitals, many patients using its emergency room did not need emergency care, driving up costs.” (New York Times)
Imagine what could happen if health care was ever truly freed.
FEE Timely Classic
“Medical Markets Can’t Work? It Just Ain’t So!” by Theodore Levy
“Health Care: A Future Free-Market Alternative” by Ross Levatter
Brought to you by The Freeman Magazine a publication from the Foundation for Economic Education. Love economics? Like FEE on or follow us on Twitter!
2012-10-10 12:46:53
Source: http://www.thefreemanonline.org/in-brief/new-style-of-health-care-emerges-to-fill-hospitals-void/
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