“What the Democrats are trying to do isn’t just difficult,” he wrote. “It’s impossible.”
With healthcare now 16 percent of the U.S. economy, Mr. Henninger continued, “why would anyone think it possible in 2010 — as politics, economics or mere practical feasibility — to reorder 16 percent of a $14 trillion economy of 300 million people living in 50 separate states whose geography is 16 times larger than France?”
Mr. Henninger noted the healthcare industry consists of 340,650 separate establishments employing 5,508,926 people. “I leave it to a mathematician to calculate the number of possible economic relationships this would produce every day, much less annually,” he wrote.
Read Daniel Henninger’s column in the Wall Street Journal on health reform (note: this report is no longer available on the WSJ’s website).
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
