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Stock impact report

Tennessee Could Follow South Carolina's Lead With Cost-Reducing Reform [Forbes]

HCA Healthcare, Inc. (HCA) 
Last hca healthcare, inc. earnings: 4/21 08:30 am Check Earnings Report
US:NYSE Investor Relations: investor.hcahealthcare.com
Company Research Source: Forbes
legislature, but the Palmetto State has not been a national leader in free market reform or conservative policy innovation. That has changed in the past year, however, with the South Carolina Legislature and Governor Henry McMaster's (R) enactment of bills cutting the income tax rate for the first time in history, providing school choice to families, and repealing certificate of need (CON) requirements in order to bring down health care costs. Under CON laws, which have been around for decades and are still on the books in 38 states, health care providers, firms, and investors must obtain permission from state government in order to open new facilities, as well as expand or upgrade existing equipment and operations. The determination of need and the state's decision to grant a certificate is often influenced by incumbent, competing health care providers. “Like clockwork, a CON application for a needed service will be contested by all of the other providers in the market and sometime Show less Read more
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