Becker's Healthcare May 24, 2024
Hospital consolidation, its effect on physicians and the marketplace were the primary focus of a May 23 House Committee on the Budget meeting.
Sixty-eight percent of hospitals are now affiliated with a health system. That percentage has grown by 15 percentage points since 2005, according to the testimony from Chapin White, PhD, the director of health analysis for the Congressional Budget Office.
Similarly, Dr. White pointed out that the rate of physicians who are employed by hospitals has followed suit.
In 2012, only 29% of physicians were employed by hospitals or health systems. As of 2022, just one decade later, that number increased to 41%.
Dr. White advised the committee that this trend will increase during the next...