Consolidation has been the norm across healthcare for some time, and for those in the industry that want to stay independent, watching their peers unite can be intimidating, Fierce Healthcare notes. Chris Thomas is the president and CEO of Community Hospital, an independent hospital located in Grand Junction, Colorado. He told a key Senate panel that large systems have plenty of leverage against smaller, independent players. Thomas was one of several speakers at a Senate Finance Committee hearing on the state of consolidation in the industry. While consolidation among hospitals was center stage in the discussion, experts and lawmakers also dug into insurer consolidation, pharmacy benefit managers and the growing role of private equity in healthcare. Read more.
Related Posts
Data Show Telehealth is More of a Luxury Good Right Now
Two years into the pandemic, policymakers at all levels of government still lack a clear picture of who utilizes telehealth, where utilization is concentrated, and how individuals prefer to access healthcare services.
March 24, 2022
A Private-Equity Primer for Health Care Organizations
Health care costs, which account for about 20% of U.S. gross domestic production, are a major force in driving innovation in the field. And increasingly, provider organizations are exploring innovation investing as part of their strategy to transform operations, the American Hospital Association reports.
August 15, 2023
Illinois Regulators to Consider OSF’s Acquisition of Closed Hospital
The 49-bed hospital in Peru, IL would be operated as a second campus of OSF's Saint Elizabeth Medical Center in Ottawa.
June 16, 2023
Study Shows Anesthesia Costs Rise with Corporate Outsourcing
The paper highlights the growing trend of hospital outpatient departments and ambulatory surgery centers outsourcing anesthesiology management to profit-driven companies.
March 1, 2022