Obamacare has nearly zero impact Nobilis Health Doubles Down, Offering Organic Growth and Aggressive Acquisitions: Kolin Ozonian
Source: George S. Mack of The Life Sciences Report (3/23/16)
TLSR: President Obama's signature Patient Protection and Affordable Care Act (ACA), also known as Obamacare, has added 19 million (19M) new insured patients to the U.S. healthcare system. All Republican presidential candidates are vowing to kill Obamacare if elected. What happens if the ACA goes away, and how do you evaluate that risk going forward?
KO: Essentially, our risk is very minimal—if risk exists at all. Here's why. Regardless of what happens with the ACA, people still will have health insurance. The people who might lose that health insurance are on government-related health insurance. Our model is not built to take government pay. We do not focus on Medicare or Medicaid unless we have an in-network contract related to that. Government payers only serve about 1%—maybe less—of our overall revenues. Our core patient consumer is someone who works for a good employer and who has good commercial insurance. If the ACA goes away, we're not losing our target market.