Industry Trends

Although the use of telehealth has steadily grown over the past two decades, the challenges presented by the COVID-19 pandemic supercharged this growth.

Issues surrounding payment for services were the main factor in the decision to cash out.

Reinvention appears to be the new focus. This is particularly true of healthcare leaders, with 44% reporting that the introduction of new revenue streams is a top priority.

According to a recent report by Bain & Co., nontraditional players are expected to own a third of the primary care market by 2030. These nontraditional participants include retailers, payor-owned providers, advanced primary care disruptors, and concierge providers. 

The wealth of vendors is overwhelming buyers, who are increasingly looking for one-stop shops that can handle more of their needs in one place, paving the way for increased merger and acquisition activity in a pared down funding environment.

Since the onset of the COVID-19 pandemic, an increasing number of hospital operators have divested long-term care, skilled nursing and other businesses as labor and supplies costs have surged and regulators crack down on post-acute providers.

To help leaders understand the best options for alignment strategies, VMG Health's 2023 PATT report provides insight into the latest trends and regulatory changes that impact physician alignment.

COPA is set to add a permanent location in the Pennsylvania Lakes Region and the hospital will relaunch in-house orthopedic services.

Top spending categories: Royalties, acquisitions and consulting fees.

Orthopedics is one of the fastest consolidating specialties in the U.S., as there are now more than 15 private equity-backed orthopedic platforms operating nationwide.