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Hospital Mergers On the Rise in SC

Mike Switzer
Mike Switzer

  Our next guest says that we are entering a brave new world of health care where nonprofit and for-profit hospital systems, both public and private, are merging in response to the Affordable Care Act, Medicare changes, and the consolidation of insurance companies.

Mike Switzer interviews Lynn Bailey, a health-care economist in Columbia, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.