We advised a health investment fund regarding the impact of the Accountable Care Act. Some see the addition of the currently uninsured population to the insured ranks as a boon to increase hospital inpatient volumes. Our counsel helped this investment firm understand that volumes are not necessarily the cure to poor hospital performance and that increasing hospital volumes is not a goal of the ACA. Improved quality performance and patient experience and enhanced capabilities to manage cost are drivers for hospitals in this new environment. The investment fund was using old parameters to assess their portfolio.