As a part of Hospital Lobby Day, Wednesday, January 18th, Hampton Roads Chamber CEO & President Bryan K. Stephens spoke at the Virginia Hospital & Healthcare Association press conference on behalf of the business community asking lawmakers to "do no harm" to healthcare policy. Stephens highlighted that deregulation of COPN (certificate of public need) or outright repeal could have a devastating impact on our region and the Commonwealth.
“As a business leader, I believe in a free market,” said Stephens, “but an honest discussion of COPN requires an open acknowledgment that health care simply is not a free market. A free-market system requires a level playing field; we don’t have a level playing field. Repealing COPN would make an already uneven playing field even more slanted. And that concerns the business community.”
Virginia community hospitals & health systems support over 115k jobs, contribute $36B in economic activity and spend $17B with local businesses. Strong, stable hospitals are vital to public health, our economy, and Virginia’s prosperity. The Hampton Roads Chamber will continue to advocate for health care policy that benefits the business community and supports the critical economic sector of health care.