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Imagine, renovation costing 75% the cost of a new structure.
We feel that the board of directors of Lowrance Hospital has proceeded
in an orderly manner for the renovation of Lowrance Hospital.
Iredell Memorial has pushed with great diligence and utmost speed.
Why? Obviously, to run competition with the new Davis Hospital.
For our part here the attitude has been lets hurry up and get on
Iredell's coattails because if we don't get it now we never will.
Ladies and Gentlemen whats the rush? Is this the time the taxpayers
should burden themselves with a potential large tax increase and
should we even ask them to run that risk now with a terrible economy
and a most recent 100 billion dollar federal tax increase. Is the
feasibility study truly feasible? Our needs in southern Iredell
County are not at all similar to Iredell Memorial's.
We see three possibilities:
(1) Renovate Lowrance.
(2) Build a new county owned hospital near I-77
(3) Sell to a for profit hospital corporation.
If a for profit hospital corporation erected a new structure the
advantages to the taxpayer are obvious. (1) No potential tax liability.
(2) For Profit Hospital Corporation pay taxes. One note here:
For profit hospital corporations call their bottom linerp ofit; Not
for profit hospitals call their bottom line "Excess of revenue over
expenses." Can a for profit hospital deliver good care at a competitive
cost? We don't know, but feel this should be investigated just as
relocation of our present county owned hospital should be investigated.
Boox 25 P*1019