Becker's Healthcare November 15, 2024
Hospital consolidation and payer mergers continue to reshape the healthcare landscape, presenting significant challenges for ASCs and smaller practices.
As hospitals and insurers expand their reach, ASCs face mounting pressures from restricted payer networks, reimbursement shifts and increased competition.
Hospital consolidation
Healthcare consolidation has accelerated, with ASCs feeling the impact through shifts in competitive dynamics and reimbursement rates. In the first half of 2024, Becker’s reported on 16 hospital mergers and acquisitions.
As large healthcare entities expand, many smaller practices and ASCs choose to sell or merge to stay financially viable. The number of physician practices owned by hospitals, health systems and other corporate entities in 2024 jumped 46% from 2012, according to Physician Advocacy Institute data.
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