News Headlines Article

Private cardiologists selling to hospitals
San Francisco Chronicle

Thomas Lewandowski, a Wisconsin heart doctor, was faced with a dilemma after his Medicare payments were cut and his overhead costs soared: fire half his staff to keep his practice open or sell it to a local hospital. He decided to sell, becoming one of more than 6,000 employees at Thedacare, which runs five hospitals and numerous clinics in northeast Wisconsin. It’s a decision being made increasingly in the United States, creating a new dynamic that threatens to raise the price of health care even as the federal government and states strain to keep a lid on costs.