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re: Does anybody know anything about a hospital in Natchez, MS going bankrupt?

Posted on 3/27/14 at 8:46 am to
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
65984 posts
Posted on 3/27/14 at 8:46 am to
quote:

Natchez Regional Medical Center is filing for bankruptcy. It's a county owned hospital. I didn't know they could go bankrupt. Any OT'ers got any inside info?


I've heard we're going to be seeing a shite-ton of these small hospitals serving smaller towns and rural areas going bankrupt as a result of medicare cuts in Obamacare.
Posted by bonescanner
Member since Oct 2011
2414 posts
Posted on 3/27/14 at 8:50 am to
It is all due to Obamacare. This is just the tip of the iceberg. More uninsured than before Obamacare, medicare and medicaid have cut reimbursements, and private insurers base their payments off of the medicare rates. This equals more uninsured using the hospitals as a clinic, and the ones who use it correctly, their insurance is barely covering the cost of their care. Thanks Obama
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