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Professor, Texas Health and Science University, Austin, Texas So you wake up one day and an opportunity comes your method to acquire a healthcare facility. You think to yourself, why not? Well, I will tell you some factors regarding why you might wish to consider it and why you may desire to prevent the idea entirely.
In my case, the medical facility was owned by a group of physicians. And, unfortunately, in today's environment, this administration is opposed to doctors owning medical facilities and enforces Stark constraints upon them. Intuitively, it makes some sense to have actually medical professionals be purchased the health center world since the patient typically stems with seeking care of such physicians.
And as a self-confessed capitalist, I am ok if they generate income! It might appear that hospitals owned by doctors seem to be a natural fit. About four percent of healthcare facilities running in the United States (U.S.) are physician owned. Many have shown excellent patient outcomes. A few of those who are important of physician-owned hospitals declare the exceptional outcomes are due to doctors "cherry selecting" the patients and not confessing the bad or clients with complex cases.
Unfortunately, the federal government does not share that perspective and there are lots of laws that restrict doctors owning a healthcare facility if the healthcare facility is intriguing in taking federal dollars like Medicare, Medicaid or TRICARE, which is the health care program for military beneficiaries who are signed up in the Defense Enrollment Eligibility Reporting System.
The federal government's necessary exclusion of federal payers is a problem for many physician-owned hospitals. The basic factor is that age is an independent risk aspect in the acquisition of illness of all types. Basically, the older we get, the more we require medical care. Some of the care needed are treatments which are carried out at a health center on an outpatient basis and, sometimes, perhaps even need an overnight remain at the healthcare facility.
In fact, about 60 percent of a healthcare facility's patients are qualified for Medicare. Hence, if the health center is disallowed from taking Medicare or other government payers as a result of doctor ownership, that is a substantial market to pass up when trying to fill the empty beds, the operating rooms and the treatment rooms.