In today’s Laconia Sun (P 8) was this paid ad – snippet here and entire ad after the jump:
LRGHealthcare: PUBLIC NOTICE
LRGHealthcare Closes Primary Care Offices to Medicaid Patients
No later than mid November, the following LRGHealthcare primary care offices will be closed to new and existing patients with Medicaid as their primary coverage…The plan, recently approved by the Board of Trustees, responds to unprecedented financial challenges faced by the organization and other hospitals and healthcare institutions across the state.
…LRGHealthcare has sustained several years of reductions in Medicaid payments, which have resulted in an annual reduction of $4 million….
Recent budget actions by the NH State Legislature further compromise the well-being of healthcare organizations in New Hampshire. We are saddened to have to take this action but, regrettably, have no choice. We intend to assist all patients in making a smooth transition of their records.
*****
Now, what they DIDN’T mention, in recent years, was all of the buying of surrounding or affiliated physician practices, buying (ok, "merging" with) Franklin Hospital, buying the Laconia Clinic, and using the CON Board to bring the the fledgling OPA ‘runaways’ to their knees financially (who had fled to Gilford to set up a competing day surgery practice). And their failure (big time failure) in trying to run an adult day care for dementia patients. And just spent $2.6 million knocking down and rebuilding a Meredith facility. Trust me, they have spent big bucks on facilities and non-competitive activities. Think Borg ("You will be assimilated") only with a stethoscope. While Medicaid does not cover costs (I will give them that), this is seeming to be a "Washington Monument" moment (which might be better be explained by "Budget cuts? Layoff fire, police, and teachers first – that’ll teach’em").
In fact, they’ve spent plenty in making sure that their marketplace is swept clean of any competition, as I believe this is payback for what happened at a recent Belknap County Republican meeting when (video to follow) NH Rep. Ken Wyler came to speak about the budget. Of COURSE, I asked about the CON Board, then Nancy LeRoy complained (as she is a member of the LRGH Board) about payments, and Ken (with the question from Elaine Swinford) talked about some of the "money swashing around".
But ask yourself – BRAND spanking new facilities, worthy (as it says in the Laconia Sun picture) of Boston?
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