It isn't just Catholic hospitals that are tanking. Six secular hospitals in areas that serve the poor have filed a lawsuit saying the Massachusetts healthcare system (the test run for obamacare) is bankrupting them.
"A hospital that serves thousands of indigent Massachusetts residents sued the state on Wednesday, charging that its costly universal health care law is forcing the hospital to cover too much of the expense of caring for the poor," according to the New York Times.
The Times reports: "The hospital, Boston Medical Center, faces a $38 million deficit for the fiscal year ending in September, its first loss in five years. The suit says the hospital will lose more than $100 million next year because the state has lowered Medicaidreimbursement rates and stopped paying Boston Medical 'reasonable costs' for treating other poor patients.
Earlier this week, the fix came in - Obama offered to infuse $335 million in federal tax dollars into the collapsing healthcare system in Massachusetts.
The Obama administration has agreed to a plan to infuse $435 million into Massachusetts hospitals, the largest portion of which is intended to help avert a significant financial crisis at Boston Medical Center, the city’s primary provider of care to the poor....
The money, except for the Cambridge Health Alliance portion, must clear a remaining hurdle before it is transferred into the hospitals’ coffers. The federal government will provide $335 million, but Massachusetts must come up with about $100 million. The state Legislature must authorize the use of the state funds, language that has been held up as part of Republican objections to a larger spending bill....
Boston Medical Center laid off 119 nurses and managers last month, and has used cash reserves to make ends meet. But without the federal money, Walsh said, the hospital would have run out of reserves by next fall, leading to a much larger reduction of its nearly 6,000-person staff or consolidation of services with another provider.Massachusetts taxpayers will be spending 100 million to bail out Romneycare - and this is just a tourniquet so that the disaster here in Massachusetts can stay under the radar until after the 2010-2012 election.
How could Obama continue to be hailed as the messiah if the collapse in Massachusetts reared its ugly head nationally?
The American Spectator also is a must read on Catholic Hospital situation in Scranton.