Profitability in the Health Care Market Has Never Been Better

Forbes February 5, 2020
Robert Laszewski

Health care industry profits have never been better while those in the Obamacare individual health insurance market suffer with extraordinarily high premiums.

For many years I have followed Allan Baumgarten’s detailed health care market reports.

His latest covers the state of Florida and provides what I am sure is a representative sample of what is happening across the country.

A few excerpts:

• Continued consolidation by health insurers and hospitals systems combined with coverage expansion has improved profits for both. Profits for Florida HMOs increased by 12% in 2018, and South Florida hospitals reported average profit margins of 8%, their highest in recent years.
• South Florida hospitals recorded combined profits of $1.279 billion in 2018 and have posted combined profits...

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