Tenet to shut down 4 New Orleans Hospitals

[NCB]

Tenet to unload four N.O.-area hospitals to pay for $900M fraud deal

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This is a very clear sign of the new post-Katrina times in New Orleans, and the city's changing demographics. Tenet is a company that mainly makes money off government subsidized health care, mainly Medicade and Medicare insurance. There now is a deficit for people that need hospitals that cater to those on Medicare and Medicade. And the fact that Charity Hospital is still closed does not help that situation, but I'm thinking that over time that problem will diminish. But, this is a clear sign that the times are a changin in New Orleans, and the city is becoming a more affluent city home to more wealthy citizens who carry health insurance.

Also, here is a video from WWLTV profiling the new medical complex proposed for New Orleans recently:

Video

[Aporkalypse]

New Orleans is going to need new hospitals. Even though the population may take a hit there's going to be a big deficit for a while. Maybe Oschner can use this as an opportunity to fill in the gap.