Are government price controls killing hospitals?

Hospitals mostly relying on Medicare and Medicaid are dead in the water:

This is what happens when you allow Washington bureaucrats to “control” costs by arbitrarily deciding what a medical service is worth rather than allowing the market to determine the correct price. Providers of care disappear. If we allow these bureaucrats to take over the entire system, the inevitable result will be widespread provider shortages.

Related posts:

1. De-facto price controls
2. Pfizer attacks government price controls
3. How price controls in medicine have worked out
4. Killing fee-for-service
5. The steep price of restricting resident work-hours
6. How the government destroyed this rural cancer practice
7. The price of unlimited access to the tort system

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Tagged as: hospital, Medicare