Big Medicine

THE SOURCE: “The New Goliaths” by Margot Sanger-Katz, in National Journal, Feb. 18, 2012.

President Barack Obama’s Affordable Care Act was enacted in 2010 with the promise of bringing down the cost of health care, which currently consumes more than 17 percent of U.S. gross domestic product. But unintended consequences of the law—particularly more rapid hospital consolidation—are likely to drive costs even higher, writes Margot Sanger-Katz, a correspondent for National Journal.

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