GOP lawmakers are proposing a bill that would roll back an Obamacare ban on new physician-owned hospitals with an aim to increase competition among hospitals and decrease costs.
with some exceptions, arguing that it would help prevent physicians from referring their patients to facilities that they have a financial stake in.
"It is clear we need more options and innovation in health care, not less,” Lankford said in a statement Thursday."The Affordable Care Act unfairly prohibits the creation and expansion of physician-owned hospitals, reducing yet another health care access point for Oklahomans and people around the country, particularly those on Medicare and Medicaid.
Proponents of the bills claim that removing the ban would drive down healthcare costs, as hospitals would face more competition, and allow physician-owned facilities to expand, offering patients more options for their care, particularly in rural areas. "Allowing doctors to own and run hospitals would give rural communities another option to maintain local high-quality care and encourage local investment in existing hospitals," Lankford and Brian Miller, a nonresident fellow at the American Enterprise Institute,."It’s time to reopen the free market in healthcare and let the power of competition do its work.
The Centers for Medicare & Medicaid Services has recently taken steps aimed at helping rural hospitals stay in business. Under a new Medicare provider designation established through the Consolidated Appropriations Act of 2021, small rural hospitals with no more than 50 beds are allowed to apply for a rural emergency hospital designation and receive Medicare funding for providing emergency services.
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