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February 2016

Testimony:  Time to Reform COPN Laws

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Testimony: Time to Reform COPN Laws — Thomas Jefferson Institute President Michael Thompson offered testimony February 4 to encourage dramatic reform of Virginia's Certificate of Public Need law, an outdated provision that is raising the cost of health care in Virginia. Read Thompson's testimony here!

January 2016

Jefferson Journal:  Governor's Corporate Tax Cut Will Have Little Impact

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Jefferson Journal: Governor's Corporate Tax Cut Will Have Little Impact — By Michael Thompson  Governor McAuliffe has proposed a quarter of one percent cut in the corporate income tax rate (from 6 perent to 5.75 percent).  This puny tax cut will have a minimal impact on economic growth.  Indeed, it will only create 280 new jobs in five years.  Read More Here!

December 2015

Jefferson Journal:  Hospital Finances Show a Profitable Industry

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Jefferson Journal: Hospital Finances Show a Profitable Industry — By Michael Thompson  Once again, the financial numbers from the hospital industry show that it is doing very well overall.  Close to 80% of the hospitals in our state are profitable.  The number of hospitals running operating deficits has decreased each of the last three years.  And the numbers laid out in our new study show that in the most recent year-over-year figures, the hospitals as a whole enjoyed a profit of 8.6%.  (12/18/2015)  Read It Here!

December 2015

New Study:  Hospital Finances Continue to Improve

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New Study: Hospital Finances Continue to Improve — The most recent financial numbers posted on the Virginia Hospital information website show that hospitals overall are doing very well.  The combined profit of the reporting hospitals was $1.9 billion, an 8.6 percent increase year-over-year  -- $150 million more than a year earlier.  Read It Here!

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