HealthNEWS

FTC Has Blocked 4 Hospital Mergers and Is Poised to Thwart More

HealthIT Solutions August 7, 2022
Trade Professional

Recent off the Federal Commerce Fee’s profitable challenges to 4 hospital mergers, the Biden administration’s new majority on the fee is primed to extra aggressively fight consolidation within the well being care business than it has in previous years.

Though hospital mergers have been supposed to enhance price effectivity, specialists agree that the creation of giant conglomerates and hospital networks has pushed up U.S. medical prices, that are by far the best on the earth. Many take pleasure in near-monopoly pricing energy.

Final yr, President Joe Biden ordered the FTC and different federal businesses to advertise market competitors in well being care and different industries. Biden stated hospital mergers and acquisitions had left the ten largest well being care programs accountable for 1 / 4 of…

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2022-08-07T13:36:54-04:00

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