CNBC January 21, 2020
Key Points
– Hospital consolidation in America has been contributing to higher costs, and a new report says it’s also likely a major cause of an overall decline in health care quality.
Sometimes, what looks like bad news comes along with a silver lining.
This is not one of those times.
For years, we’ve seen the evidence that hospital mergers generally contribute to rising health care costs in America. That’s despite hospitals arguing otherwise.
But now, a new study in the New England Journal of Medicine rubs salt in the wound by showing how hospital mergers aren’t improving health care quality and often make it worse.
To summarize: hospital consolidation in America has been contributing to higher costs, and now...
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