LGH merger with Penn: Many benefits or a billion dollar rip off?

Although a major front page article, “LG Health might join Penn system”, there is nary a word is to be found at Lancasteronline.com by late morning. However, the article can be read at the electronic edition.

Given its level of profitability, we estimate that Lancaster General Hospital could be sold for a billion dollars, or perhaps even more.

It is essential that LGH remain a separate legal entity with the right of withdrawing from its relationship with University of Pennsylvania Health System and with profits earned remaining for local use.

We also know that, as hogs have a snout for sniffing truffles, the Lancaster establishment is always seeking new ways to plunder what public wealth yet exists.

We don’t want another Harrisburg incinerator deal whereby perhaps a hundred million dollars too much was spent by the Lancaster County Solid Waste Management Authority (LCSWMA) for the purchase, and with disregard to existing environmental hazards that may require future remediation.

Nor do we want another Convention Center which by now has cost taxpayers over $200 million and the annual losses continue.

Then there is the ongoing CRIZ program which takes the revenue that otherwise would go to our children’s generations and gives it to individual businessmen to fund economically foolish projects.

It is incumbent on LGH to pull back the its traditional curtain of secrecy and share with the public the exact nature of the new relationship with Penn.

The extended relationship may be very worthwhile. But LGH is playing with our citizenry’s ‘marbles’. The public is entitled to know exactly what it may be giving up and what financial benefits inure to whom, including current LGH executives.

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1 Comment

  1. Can anyone realistically expect that LNP (or WGAL for that matter) will dig deep in any semblance of an investigative report against LGH?

    Way too many cronies at the Hamilton Club.

    The power-elite will always circle the wagons to protect their own.

    Maybe 60 minutes should investigate the ‘real’ politics of Lancaster City/County.

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