In recent years there has been a trend of increasing merger and acquisition activity in the healthcare industry. This trend will continue in 2023, with affiliations across state lines and standalone facilities joining larger established players.
The healthcare industry is in a state of constant change and evolution. Knowing the three merger and acquisition trends below is essential to stay ahead of the curve.
One of the main drivers of this trend is the ongoing shift towards value-based care, which emphasizes the coordination and management of care to improve outcomes and reduce costs.
This shift has increased pressure on healthcare providers to become more efficient and cost-effective, and many have turned to merger and acquisition activity to achieve these goals, Healthcare IT News reports.
Hospitals and health systems are increasingly merging to gain scale and reduce costs. By combining resources and expertise, these organizations can improve their negotiating power with payers and suppliers and increase their ability to invest in new technologies and services.
Similarly, physicians and other providers are joining forces to coordinate care better and improve patient outcomes. Patient acquisition is the foundational requirement for effective value-based agreements. Read more.
