Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
This is looking like ‘free’ socialized medicine at its finest. No choice in doctors or hospital, long wait times, questionable facilities. Keep it up cook county. Keep it up !
Let’s see if this floats the boat..
Potential $8 million reduction of out of network payments…good, but
Estimated health system $3 billion in annual losses requiring taxpayer support…not so good
Part of this losses are payments for liability claims.
The system is self insured and pays medical malpractice settlements from annual operating funds.
Increasing surgical cases increases liability risk.
In Cook County it one takes a few bad outcomes to eat up any savings.
In 2017 county financial statement for the health system showed $138 million in outstanding liabilities.
Good luck….the boat is still sinking.