Fierce Healthcare April 26, 2024
A pair of academic studies published this week painted an unflattering picture of the impact of hospital mergers and acquisitions on healthcare prices and regulators’ track record of stepping in to protect market competition.
The first, published Tuesday in Health Services Research, speaks to so-called cross-market hospital mergers in which health systems expand their reach by merging with hospitals outside their geographic market.
These types of deals, which have yet to ever be challenged by the Federal Trade Commission (FTC), appeared to raise prices by about 13% on average compared to control hospitals six years after the deal, researchers wrote in the study.
“More antitrust scrutiny of cross-market mergers—particularly those of serial acquirers—appears prudent given the current state of highly...