"In another bit of grim news for the long-term prosperity of these United States, hospitals, medical practices, and related businesses are shedding jobs: 8,000 of them since April, more than in any other sector. For the year, there have been more than 41,000 layoffs at health-care firms.
As Paul Davidson and Barbara Hansen of USA Today report, those are mostly hospital staffing reductions in response to reduced reimbursement rates for Medicare patients under the sequester and cuts for some providers under the Affordable Care Act. Private insurers, who are starting to experience a burning sensation after having gone to bed with the devil on Obamacare, are reducing payments, too." - Kevin D. Williamson, National Review