Becker's Healthcare January 9, 2026
Patsy Newitt

Many physician practices may involve firms that compete closely enough to raise antitrust concerns, according to a 2025 analysis of claims data covering more than 60 million insured members a year.

The analysis, conducted by Federal Trade Commission researchers, was published in May in Health Affairs Scholars. It identified 2,019 physician practice mergers between 2015 and 2020 using data from six insurers across 15 states, covering up to 63 million members each year.

Here are seven things to to know:

1. Deal volume remained relatively steady throughout the study period, with 318 mergers in 2015, 323 in 2016, 355 in 2017, 372 in 2018 and 377 in 2019. The total dropped to 274 mergers in 2020, which the researchers attributed...

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Topics: Mergers & Acquisitions / JV, Physician, Provider, Survey / Study, Trends
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