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.
For Providers, Consolidation May be Key to Staying Afloat, Experts Tell Senators
