Chief Healthcare Executive July 9, 2021
The order directs the Justice Department and the FTC to examine guidelines on hospital mergers to ensure that patients are not harmed.
Hospital mergers are a prime target in President Joe Biden’s expansive executive order that calls on federal departments and agencies to reshape what he called a “booming” economy by putting workers first and ensuring consumer protections.
The order spans sectors from banking to transportation with 72 specific initiatives, including several that target healthcare, which is already undergoing upheaval amid the COVID-19 pandemic, which has exacerbated shortages of doctors and nurses, strained supply chains, and pushed veteran administrators into retirement.
“For decades, corporate consolidation has been accelerating,” a statement issued with the order reads. “In over 75% of U.S....
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