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Obamacare is slowly killing world-renowned Cleveland Clinic

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Via US News & World Report:

Administrators at the Cleveland Clinic announced on Wednesday that the health care giant would be cutting as much as $300 million from its 2014 budget, and that the cuts will likely include layoffs.

"Health care reform has really changed things, and the burden of cost is going to be falling on patients," spokeswoman Eileen Shiel told The Plain Dealer. "We want to make sure we can keep care affordable."

During a regularly scheduled quarterly meeting, Cleveland Clinic President and Chief Executive Dr. Toby Cosgrove told employees about plans to reduce operating expenses by about 6 percent, and cited the Affordable Care Act, also known as Obamacare, as one of the reasons for the cuts.

 

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