Industry Consolidation

72% of Metro Areas Have Highly Concentrated Hospital Markets

by Jacqueline LaPointe

A majority of metropolitan areas have highly concentrated hospital markets, and most of those areas saw the level of market concentration increase since 2012, according to a new report from the Health...

Residency Program Sale After Hospital Closure a Mistake, Reps Say

by Jacqueline LaPointe

Two House Representatives are questioning a bankruptcy judge’s decision to approve the sale of Hahnemann University Hospital’s medical residency program following the hospital...

Physician-Hospital Integration Increases Costs, Study Finds

by Jacqueline LaPointe

When hospitals acquire physician practices or physicians become employed by hospitals costs rise despite little change in care quality, a new study of physician-hospital integration by experts at Rice...

Hospital Mergers and Acquisitions Reduce Costs, AHA Report Shows

by Jacqueline LaPointe

Hospital mergers and acquisitions reduce healthcare costs and improve care quality, according to a new report commissioned by the American Hospital Association (AHA). Specifically, the report prepared...

Low Social Spending Not Behind High Healthcare Costs in US

by Jacqueline LaPointe

Underinvestment in programs that address social determinants of health is not to blame for excessive healthcare costs in the US, a new study published in Health Affairs indicates. Data from the...

CA Surprise Medical Bill Law Lowers Hospital Reimbursement Rates

by Jacqueline LaPointe

A California law that addresses surprise medical bills by setting out-of-network payment rates increased the bargaining power of insurers in the state, causing the payers to lower or cancel contracts...

How Bon Secours Mercy Health Optimized Supply Chain Post-Merger

by Jacqueline LaPointe

There is strength in numbers – at least when it comes to the hospital supply chain after a merger. Hospitals and health systems are increasingly engaging in merger deals with like-sized...

Partners HealthCare Pulls Out of Hospital Merger Deal with CNE

by Jacqueline LaPointe

Massachusetts-based Partners HealthCare is backing out of a hospital merger deal with Care New England (CNE) after Rhode Island’s governor called for a more local solution. In a statement on her...

UCSF, Dignity Health Call Off Plans to Expand Hospital Affiliation

by Jacqueline LaPointe

The University of California San Francisco (UCSF) Health is no longer pursuing a more integrated hospital affiliation with Dignity Health, one of the nation’s largest health systems that operates...

Political Uncertainty Top Factor Threatening Healthcare M&A

by Jacqueline LaPointe

Healthcare merger and acquisition (M&A) professionals cited political uncertainty as the factor most likely to sink deals in the coming year, but an upcoming presidential election is not slowing...

FTC Official Calls for More Aggressive Healthcare Merger Approach

by Jacqueline LaPointe

Antitrust enforcers should be as aggressive as possible when challenging healthcare mergers, especially deals that go beyond the traditional horizontal combination, said the Federal Trade Commissioner...

Employed Physicians Outnumber Self-Employed Docs, AMA Finds

by Jacqueline LaPointe

The number of employed physicians has increased by six percentage points since 2012, bringing the share of employed physicians up to 47.4 percent of all patient care doctors in 2018, according to an...

Bon Secours Mercy Health Eyes International Hospital Merger Deal

by Jacqueline LaPointe

Ohio-based Bon Secours Mercy Health is looking to expand its footprint across the world by engaging in a hospital merger with Ireland’s largest private health system. On April 30, the Catholic...

Hospital Mergers Slow Wage Growth for Skilled Workers, Nurses

by Jacqueline LaPointe

How hospital mergers and acquisitions impact care quality and costs in a market is still up for debate, but new research from the Kellogg School of Management at Northwestern University presents...

Atrium Health, Wake Forest Baptist Health Eye Hospital Merger

by Jacqueline LaPointe

North Carolina-based Atrium Health recently announced plans to engage in a hospital merger with Wake Forest Baptist Health and Wake Forest University to create a “next-generation academic...

NY Group Rethinks Physician Consolidation to Add Long-Term Value

by Jacqueline LaPointe

Physician consolidation, value-based care, and other market pressures are sounding the death knell for many small and independent practices. Less than a third of physicians owned an independent...

Beth Israel, Lahey Health Finalize Hospital Merger Deal

by Jacqueline LaPointe

Two major health systems in Boston recently finalized a hospital merger deal, creating a system of more than 4,000 physicians across Massachusetts. After years of planning, Beth Israel Deaconess...

Baylor Scott & White, Memorial Hermann End Hospital Merger Talks

by Jacqueline LaPointe

Two large non-profit health systems in Texas are calling off a potential $14 billion hospital merger deal five months after signing a letter of intent to combine. In a joint statement, Baylor Scott...

CHI, Dignity Finalize Hospital Merger, Introduce CommonSpirit

by Jacqueline LaPointe

After over a year of negotiations, Catholic Health Initiatives (CHI) and Dignity Health recently finalized their hospital merger deal to create one of the largest non-profit health systems. The health...

Healthcare Merger and Acquisition Activity Up 14.4% in 2018

by Jacqueline LaPointe

Healthcare merger and acquisition activity in 2018 broke some records, PricewaterhouseCoopers (PwC) reports. Specifically, quarterly deal volumes exceeded 300 merger and acquisition transactions...