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Drug Bill Amendment Would Impact Specialty Hospitals in Wisconsin.
Knight Ridder/Tribune Business News, June, 2003
By Joe Manning, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News
Jun. 14--A last-minute amendment to a Medicare prescription drug bill passed by the Senate Finance Committee would essentially end the practice of physicians owning specialty hospitals, a Milwaukee attorney said Friday.
Michael Bamberger, an attorney representing clients who invest in health care issues, said the amendment could force specialty hospitals to restructure their ownership.
Two physician-owned, for-profit heart care hospitals are set to open within the next four to six months in metro Milwaukee. A specialty orthopedic hospital opened in the Milwaukee area two years ago.
The Senate bill would provide $400 billion over 10 years in...
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