Kentucky Loses Out on $1 Billion in Healthcare Investment Due to Certificate of Need Law
2025-01-07
Lexington Herald-Leader on MSN.com
A recent report from the Americans for Prosperity Foundation reveals that Kentucky's certificate of need (CON) law has resulted in the state forfeiting over $1 billion in potential healthcare investment. This legislation, aimed at regulating healthcare facilities, has inadvertently stifled growth and limited access to quality care. As a consequence, Kentucky residents are denied access to specialized medical services and state-of-the-art facilities, ultimately affecting healthcare outcomes. The report highlights the need for reform, emphasizing the importance of competition and innovation in the healthcare sector, including telemedicine and healthcare technology.
