Becker's Healthcare July 16, 2024
Consolidation continues to shake up healthcare, increasingly endangering the fiscal stability of independent practices.
Here are three leaders’ thoughts on the state of healthcare consolidation in 2024. Their remarks have been lightly edited for clarity.
Robert Bell, MD. Founder and Orthopedic Surgeon at Cypress Orthopedics (Houston): Independent medical practices and surgery centers are facing significant challenges arising from diminishing insurance reimbursements. This trend is significantly impeding their ability to maintain financial viability and operational continuity. Conversely, large healthcare conglomerates or hospital networks have positioned themselves to capitalize on these shifts, leveraging their scale and engaging in questionable collaboration with insurers. The overarching trend toward consolidation raises concerns regarding potential constraints on patient choice and diminished competition in select regions, thereby...
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