South Carolina CON Laws Have Cost Hundreds of Millions in Medical Investments

South Carolina’s certificate of need (CON) process either delayed or ended $455 million worth of potential health care investment in the state between January 2018 and February 2021, according to a new report from the Americans for Prosperity Foundation, The Center Square reports.

CON laws require a health care provider or hospital to go through an approval process to prove the added services are necessary in an area. The laws were created in the 1970s with the idea that having too many empty hospital beds or unused medical equipment ultimately would cost patients more money, having to pay for services and unused equipment.

Studies such as the AFPF study, however, show there is a cost to the process that can lead to delays, added expenses and lengthy court battles.

It took more than a decade of legal battles to get a hospital approved in two South Carolina cases. Construction began earlier this year on Piedmont Medical’s Fort Mill Medical Center after a 15-year process. Read more.

Total
0
Shares
Related Posts
Read More

Private Equity and Digital Health in 2023: Policy Updates and Trends to Watch

While the healthcare industry is experiencing an evolution towards digitally enabled care, this movement has been accompanied by a rise in regulatory oversight of digital health — an ostensible conclusion to recent shifts, including the COVID-19-era investment boom in telehealth and the persisting issue of narrowing the digital divide to ensure equitable access and outcomes.