Are Hospitals Closing Because of Obamacare?

If you like your hospital, you'll get to keep your hospital.  Well, maybe not.

Mark Hemingway at the Washington Examiner writes:

It looks like it’s not just insurers that suddenly want to get out of the health care business.  Three Catholic hospitals in Pennsylvania are now on the market, and the hospital management is telling the local media that Obamacare is a major reason why the facilities are being unloaded."  Hemingway adds, "Incredibly, the hospitals are doing well financially, but according to the hospital owners, the new requirements brought on by the new health care legislation makes it hard for them to stay in the hospital business.

Kevin Cook, CEO of Mercy Health Partners, which owns the hospitals, says:

Health care reform is absolutely playing a role.  Was it the precipitating factor in this decision?  No, but was it a factor in our planning over the next five years?  Absolutely.