There is no question that America’s health-care system is in crisis and that extends to all 50 states. But if you want to see where U.S. hospitals may find themselves sooner or later, consider the number of hospitals in New Jersey that have closed or are on life support and how Democratic politicians have put themselves in a straightjacket that is exacerbating this perilous situation.
New Jersey, the most densely populated and second wealthiest state, had 112 hospitals 20 years ago. Today it has 74 after six closed in the last 18 months. Meanwhile, four others have announced plans to close and five filed for bankruptcy protection, with about half of the others losing money like an ER patient hemorrhaging blood because of gunshot wounds.
Hospitals should be no more immune to the effects of bad business practices than any other enterprise, and indeed some of the closings are the result of lousy management, including a failure to remain competitive, as the industry lurches away from community-based facilities to those where making profits for shareholders trump all other concerns.
New Jersey hospitals are not merely just another business, but are the key component of a health-care system that is deeply stressed because of, among other things, a growing nursing shortage, rapacious insurance companies and an economy that has forced more people to rely on hospitals because they cannot afford to go to family physicians for even the simplest ailments.
But the biggest reason for New Jersey’s hospital crisis is that the state is cutting way back on funding for them.
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