Report: NV Small-Business Owners Want Less Hospital Consolidation
Monday, March 27, 2023
New research shows Nevada's small-business owners say hospital consolidation in the state is exacerbating high health-care costs and want action to be taken.
More than one thousand business owners participated in Small Business for America's Future's most recent survey, and 94% of them reported hospital consolidation has made the overall availability and quality of health care in their communities worse.
Co-chair of the group Shaundell Newsome said they want to see more "fairness and equity" when it comes to accessible health care.
"When it goes from bad to worse, that is very tough on our small businesses," said Newsome. "And nearly half of the small-business owners say that hospital consolidation leads to a lack of competition, and makes hospital services more expensive for our employees."
According to the report, almost half of small-business owners say the lack of competition has made hospital services more expensive, while eating away at employees' pay.
Newsome - a small business owner himself - said he would love to be able to provide better health-care options to his employees, which he says cultivates a better workforce.
Newsome said Nevada is in need of more diverse providers, but not through consolidation.
He added that Nevada's recent progress in expanding access to health care is under threat - and said rather than reversing the progress that has been made, small business owners would like to see policy and lawmakers "double down" on making health care more affordable.
Newsome said this report reaffirms that sentiment.
"The rising cost of health care," said Newsome, "just basically limits an entrepreneur's ability to invest in the growth and the financial health of our businesses."
A majority of those surveyed in Nevada say it's time for the federal and state governments to intervene in the consolidation of health systems.
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