Consolidation of Big Hospital Systems May Drive Healthcare Costs Even Higher, Say Some Experts
Recent hospital mergers are creating super-sized health systems that immediately gain leverage over insurers when negotiating managed care contracts
Experts say the nation is experiencing its biggest surge in hospital mergers in more than a decade. Moreover, this latest wave of deals is creating supersized hospital systems that are expected to dominate healthcare and possibly lead to higher healthcare costs.
The ongoing consolidation of hospital ownership means further consolidation of the hospital laboratories that find themselves merged into larger health systems. That will have both good and bad consequences for pathologists and medical laboratory managers working within these organizations. (more…)