Wall Street Prescribes Our Facility as Cure

Wall Street Prescribes Our Facility as Cure

Here is a stunner: The Dow Jones’ online newsletter, “Marketwatch” has published this piece, wherein the Surgery Center of Oklahoma is portrayed as just the medicine the sick healthcare industry needs. Remember the surge in stock prices of the big health corporations following the Supreme Court’s ruling that Obamacare was constitutionally valid?  This would indicate that Wall Street likes what Obamacare means for the big insurance and hospital cronies and not so much what those of us in the free market medical movement are doing.

Maybe this means that the law is coming apart and these insiders know it and are betting on it.  Maybe they know something about the future of this law the rest of us don’t. We can only hope. In the meantime, nothing could be more destructive of the continued attempt by government to take over the medical industry than the application of market principles to the practices of individual physicians and facilities. Many thanks to Mitch Rothschild and the folks at Marketwatch for pointing out that the same market discipline every other industry must endure is a good prescription for what ails the health industry in this country.

G. Keith Smith, M.D.