Navigation Links
Congressional Action Could Harm Physician Hospitals; Economic Impact Could Be Severe Warns PHA
Date:1/14/2009

WASHINGTON, Jan. 14 /PRNewswire/ -- Special interests who tried to attack physician-owned hospitals in Congress last year by attaching harmful measures to the Farm Bill and War Supplemental Bill are at it again. Now, a handful of lawmakers are trying to use a children's health care bill to limit patients' access to some of the best hospitals in the country.

"We know that physician-owned hospitals are good for patients and good for the economy," said Molly Sandvig, Executive Director of Physician Hospitals of America (PHA), the national association representing the interests of physician hospitals. "It is completely counterintuitive that at a time when our country is experiencing an economic downturn, high rates of unemployment, and inadequate access to healthcare, Congress would consider killing an industry that provides over 55,000 jobs nationally and that provides patients access to the best quality healthcare available in America."

There are currently 199 physician-owned hospitals nationwide. Together, these facilities employ thousands of doctors, nurses, and support staff. They also provide a local economic engine through property taxes, higher wage jobs, and greater health care choices for local residents.

A recent study of the economic impact of physician-owned hospitals in Arkansas, Indiana, Louisiana, South Dakota, Nebraska, Ohio, Pennsylvania, and Texas conducted by the Health Economics Consulting Group found that:

"Physician-owned hospitals add considerable value to state economies, ranging from a net effect of $117.8 million in Pennsylvania to $2.3 billion in Texas. The combined impact across all eight states is $2.9 billion. This implies that physician-owned hospitals, through their employment and capital expenditures, generate a total of $3.9 billion in economic activity in these eight states alone."

The proposed language being added to the children's health care bill (SCHIP) would not allow hospitals to grow and would essentially cause these hospitals to whither on the vine since they could not adjust to marketplace demand. Also, there would be no protection offered for hospitals under development and no physician hospitals built after January 1, 2009 would be allowed to take Medicare or Medicaid patients. Closure of physician-owned hospitals would eliminate $2.4 billion in total payroll, $509 million in federal taxes, $1.9 billion in trade payables, and will put 55,000 full- and part-time employees out of work.

There are also 85 hospitals currently under development nationally. On these hospitals, an estimated $1,830,909,350 has been expended with $574,358,090 still outstanding, ready to be spent. The addition of these 85 hospitals would also equate to an estimated 23,000 more jobs.

"HR 2 is punitive legislation and the physician hospital piece is an insignificant offset to the costs of SCHIP. It is hard to understand how Congress can propose an important increase in medical services to children while simultaneously cutting back on hospitals that provide services to this population, among others," said Sandvig.

For more information on physician-owned hospitals please visit www.physicianhospitals.org or contact Molly Sandvig at (605) 321-3483.

                          Total Effect
                           Plus Taxes     Total
          State               Paid         FTEs    Direct Effect
    Arkansas
      Total                $332,575,450    2,703   $198,200,962
      General Hospitals     $41,877,944      582    $24,025,794
      Under Development    $166,658,400      780   $100,680,000
    Indiana
      Total                $324,199,688    3,377   $174,621,644
      General Hospitals    $152,891,657    1,637    $83,284,586
      Under Development     $55,465,000      501    $29,250,000
    Louisiana
      Total                $222,976,995    2,758   $121,434,864
      General Hospitals      $8,816,160       82     $4,495,000
      Under Development     $47,708,422      489    $26,955,440
    Nebraska
      Total                $117,588,476    1,004    $56,215,281
      General Hospitals              NA       NA             NA
      Under Development              NA       NA             NA
    Ohio
      Total                $302,457,223    2,765   $166,964,001
      General Hospitals    $102,464,364    1,089    $58,004,497
      Under Development     $95,925,000      900    $52,500,000
    Pennsylvania
      Total                $117,815,079      979    $55,588,739
      General Hospitals      $6,146,679      103     $2,568,739
      Under Development     $54,990,400      356    $26,870,000
    South Dakota
      Total                $153,733,145    1,085    $72,188,290
      General Hospitals              NA       NA             NA
      Under Development              NA       NA             NA
    Texas
      Total              $2,313,167,753   22,226 $1,223,651,262
      General Hospitals    $981,351,793    9,861   $530,168,130
      Under Development    $566,307,014    4,802   $294,344,513
    All Eight States
      Total              $3,884,513,809   36,897 $2,068,865,043
      General Hospitals  $1,293,548,596   13,354   $702,546,746
      Under Development    $987,054,235    7,828   $530,599,953


          State               Total Effect     Taxes Paid
    Arkansas
      Total                   $323,067,567      $9,507,883
      General Hospitals        $39,162,044      $2,715,900
      Under Development       $164,108,400      $2,550,000
    Indiana
      Total                   $310,826,526     $13,373,162
      General Hospitals       $148,246,563      $4,645,094
      Under Development        $52,065,000      $3,400,000
    Louisiana
      Total                   $199,153,177     $23,823,818
      General Hospitals         $7,371,800      $1,444,360
      Under Development        $44,206,922      $3,501,500
    Nebraska
      Total                    $97,252,436     $20,336,040
      General Hospitals                 NA              NA
      Under Development                 NA              NA
    Ohio
      Total                   $288,847,722     $13,609,501
      General Hospitals       $100,347,780      $2,116,584
      Under Development        $90,825,000      $5,100,000
    Pennsylvania
      Total                   $106,730,379     $11,084,700
      General Hospitals         $4,931,979      $1,214,700
      Under Development        $51,590,400      $3,400,000
    South Dakota
      Total                   $124,163,859     $29,569,286
      General Hospitals                 NA              NA
      Under Development                 NA              NA
    Texas
      Total                 $2,227,045,297     $86,122,456
      General Hospitals       $964,905,997     $16,445,796
      Under Development       $535,707,014     $30,600,000
    All Eight States
      Total                 $3,677,086,963    $207,426,846
      General Hospitals     $1,264,966,162     $28,582,434
      Under Development       $938,502,735     $48,551,500

    Source: Health Economics Consulting Group

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.

Molly Sandvig, JD

https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=83748


'/>"/>
SOURCE Physician Hospitals of America
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. TriWest Sponsors Congressional Medal of Honor Convention
2. Statement by Robert Greenstein, Executive Director of the Center on Budget and Policy Priorities, on the New Congressional SCHIP Agreement
3. Injured Soldiers at Walter Reed Hospital to Benefit From Congressional Fundraiser
4. Congressional Black Caucus Foundation and GlaxoSmithKline Announce Supplier Business Initiative Study Results
5. Black AIDS Mobilization Gains Momentum with Congressional Black Caucus Call to Action
6. Congressional Community Pharmacy Coalition To Protect Community Pharmacies and Preserve Patient Access
7. Congressional and Religious Leaders to Urge Over-ride of Presidential SCHIP Veto
8. More than 125 State Leaders - Including Governor, Lt. Governor, and Congressional Delegation - Endorse Campaign to Make Delawares Kids the Healthiest in the Nation
9. AGD Applauds Congressional Support of SCHIP Reauthorization
10. Congressional Support Grows for FDA Regulation of Tobacco: Bill Now Sponsored by 55 Senators, 200 Representatives
11. Capps to Lead Bipartisan Womens Caucus Congressional Delegation to Represent United States at Women Deliver Conference in London
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/25/2016)... York, NY (PRWEB) , ... May 25, 2016 ... ... Medicine and Florida International University (FIU) Herbert Wertheim College of Medicine announced the ... a Medical Doctor Degree and Global Health Certificate from AUA and a Certificate ...
(Date:5/25/2016)... , ... May 25, 2016 , ... Dr. Travis Schwarz ... Plaza at 8618 Mexico Road, O’Fallon, MO 63366. He serves patients of all ages ... cosmetic treatments . Dr. Schwarz’s success is reflected in the superior patient reviews that ...
(Date:5/25/2016)... (PRWEB) , ... May 25, 2016 , ... Today Omega ... launch of 11 innovative workshops and training opportunities in the growing field ... unique needs of individuals who are dealing with specific health issues—including injuries, illnesses, and ...
(Date:5/25/2016)... ... May 25, 2016 , ... Cheryl Bowker of Bowker Insurance Group ... Dick McKenna Good Hands Legacy Award. McKenna ran one of Allstate’s most successful agencies ... inspire all those who knew him. The award named for him is not given ...
(Date:5/25/2016)... ... 2016 , ... The Global Wellness Summit (GWS) today announced that its 2016 ... Europe, a continent that pioneered the medical/wellness concept for the world. , Delegates to ... wellness, including Henri Chenot, Founder of the Chenot Group, which operates wellness centers around ...
Breaking Medicine News(10 mins):
(Date:5/24/2016)... 2016   , Study ... overall bowel cleansing and superiority in , ... of the ascending colon ... Norgine B.V. today announced new positive data from the ... bowel preparation) versus standard 2 litre PEG with ascorbate. The study ...
(Date:5/24/2016)... N.J. , May 24, 2016 ... oncology drug development company, today provided an update ... dose escalating clinical trial combining GEN-1, the Company,s ... the treatment of newly-diagnosed patients with advanced ovarian ... interval debulking surgery.  GEN-1 is an IL-12 DNA ...
(Date:5/24/2016)... , May 24, 2016 ... ™ , la première endoprothèse ... cathéters destinés à l,intervention portant sur les ...   OrbusNeich, entreprise mondiale spécialisée ... de changer la vie, a élargi son ...
Breaking Medicine Technology: