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Michael Dowling / Northwell Health

Michael Dowling, CEO of Northwell Health, a $10 billion not-for-profit hospital system in New York, is not a fan of the Republican health care bill or how it was passed in the House. President Trump and House Republicans ran a victory lap Thursday after the party-line vote, but Dowling said the bill was "far from a success" as it heads to the Senate.

"I would hope the Senate would be more intelligent in how they go about doing it," Dowling told me. "I don't see in any way how this (bill) improves access to care. I think it will do the very opposite."

His concerns stemmed from a Congressional Budget Office report that said 24 million people would lose their health coverage under the bill. Dowling was most dismayed about the proposed cuts to Medicaid. Roughly 21% of Northwell's patient revenue comes from treating low-income people on Medicaid. And for struggling hospitals in low-income communities, "it's just going to get worse — not better," he said.

Between the lines: Most Republicans have ignored concerns raised by people who work at hospitals — namely that the bill will slash Medicaid and undermine health insurance benefits, which will lead to more uninsured people. Hospitals still have to treat those patients, but they won't get paid for it.

Dowling's criticism epitomizes the hospital industry's opposition to the bill. It's possible their concerns will resonate more with senators, especially those like Rob Portman of Ohio who represent states where hospitals benefited from Medicaid expansion.

Go deeper

3 hours ago - Health

India crosses 1 billion COVID vaccinations milestone

A health worker inoculates a COVID-19 vaccine dose to a man wearing a face mask of Prime Minister Narendra Modi in Beawar, India, in September. Photo: Sumit Saraswat/Pacific Press/LightRocket via Getty Images

India's Prime Minister Narendra Modi announced Thursday that the country's health workers have now administered more than 1 billion COVID-19 vaccines doses.

Of note: While this is a significant milestone for the country of 1.4 billion, which has been devastated by the coronavirus, only about 30% of the eligible population has been fully vaccinated against the virus, per AP. Roughly 75% has received at least one dose.

Trump says he plans to launch new social media network in 2022

Photo: Chris Delmas/AFP via Getty Images

Former President Trump on Wednesday announced plans to launch a social media network called "Truth Social," and that it would go public via a SPAC.

Why it matters: Most ex-presidents are focused on their legacies, by creating presidential libraries or engaging in philanthropic endeavors. Trump, however, remains consumed by social media.

Beauty giant Coty Cosmetics looking to sell its own branded products

Coty Cosmetics CEO Sue Nabi. Photo: Axios on HBO

Coty Cosmetics CEO Sue Nabi tells Axios the beauty giant will “probably” introduce Coty-branded products one day.

Why it matters: Coty produces some of the world’s most popular fragrances, skin care products and color cosmetics on behalf of other well-known brands, but has shied away from producing its own branded products.