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Ballad Health was granted the nation’s largest state-sanctioned hospital monopoly in 2018. Since then, its emergency rooms have become more than three times as slow.
CONs have been criticized for granting monopoly privileges to existing hospitals and healthcare facilities, thereby driving down the number of hospitals and hospital beds in a community. One study found that CON laws resulted in 50% fewer hospitals per 100,000 persons, and 12% fewer beds at the typical hospital.
MMH became MissionHealth System, a hospital monopoly in WNC. And so ended the community hospital called Memorial Mission and the guise of its “nonprofit” status. MMH was a victim of its own ...
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Lee County Community Hospital, which had closed in 2013, was reopened by Ballad Health in July 2021. [ 10 ] Dennis Barry, who consulted for the Southwest Virginia Health Authority as a monitor, stated that the Ballad merger meant that healthcare access in portions of Virginia did not collapse during the COVID-19 pandemic .
Chain hospitals and other healthcare conglomerates hold a monopoly over health care costs within their hospitals and respective subsidiaries. [56] Thus, they can inflate healthcare costs with the goal of increasing profit, or lowering hospital standards to cut corners where necessary. [53]
A broad coalition is backing state legislation that would impose a first-in-the-nation cap on medical bills -- aimed at New York's hospitals that own or house outpatient clinics and charge higher ...
The approach Trent took to Clinic and Hospital Accreditation was based on the axiom that no single healthcare system, whether European, American, Asian or otherwise in origin, has the right to claim a monopoly viewpoint over what represents acceptable quality and best clinical practice throughout the world, and no one country has the absolute ...