Remember when Nancy Pelosi told us that Obamacare was going to create 400,000 new jobs? Well, I guess this Massachusetts hospital didn’t get the memo:
About 50 full-time jobs will be eliminated at the HealthAlliance Hospital — Leominster Campus, and one of two planned expansion projects may be cut back.
And how did Obamacare accomplish this?
[The chief communications officer for the hospital] attributed the cuts to health care reform, with its reductions in Medicare and Medicaid reimbursements, along with cuts in private health insurance reimbursements and increasing co-payments for patients.
Patrick Muldoon, the hospital’s CEO, gives the gory details:
Health care reform is expected to result in the loss of $24 million in Medicare reimbursements, out of $170 million total, starting in five years.
But what about all those jobs? Maybe Pelosi meant it would create jobs for the apparatchiks who will populate the 111 new bureaucracies that Obamacare created.
[ht Michelle Malkin]
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