HealthLeaders Media October 7, 2021
Many health systems have used hospital consolidations or physician group acquisitions to grow and compete. But these actions often come at the expense of rising healthcare and insurance costs for patients, says the AHIP.
KEY TAKEAWAYS
– Consolidations are often intended to drive costs down, but savings aren’t typically being passed on to consumers.
– Despite the promise of benefits from consolidations, several studies say those benefits have not been realized.
– Consulting firm EY argues that consolidations and mergers may be just what is needed to overhaul the healthcare system.
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