Yeah, the wealth transfer works a couple of ways. The first one is that the hospitals and community health centers that currently provide services get full reimbursement from the Medicare and Medicaid programs. They lose that reimbursement, and that means that very slim margin that is the difference between operating in the black and operating in the red is gone. And these hospitals, some of which are holding on right now by their fingernails, end up closing when they close. They don't just close for Medicaid patients, they close for everybody. (46:34–46:46)
CLAIM
Asserts that losing Medicare and Medicaid reimbursement would cause hospitals to lose their financial viability.
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