provider consolidation

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Hospitals

Study: Healthcare consolidation leads to higher hospital prices

Hospital chains that buy up other facilities, clinics and physician offices often tout savings and improved services from coordinating patient care and eliminating inefficiencies. The researchers found no evidence that any potential savings were being passed along to the employers, insurers and patients who pay for the care.

Daily

Prime poised to acquire six California Daughters of Charity hospitals for $300 million

Despite multiple protests and controversy, Southern California-based Prime Healthcare Services appears poised to acquire six hospitals operated by financially strapped Daughters of Charity in California for $300 million. The San Francisco Business Times reports that Daughters CEO Robert Issai said Prime’s offer, which has been protested by California’s biggest healthcare union, SEIU-UHW, would also include […]

Daily

Privia hopes to help independent physician groups with $400M expansion

Privia Health, which seeks to help physician practices remain independent in lieu of massive consolidation occurring in healthcare, is significantly boosting those efforts with a $400 million national expansion. Backed by an investor group led by an affiliate of Goldman Sachs, the Virginia-based physician practice management group said the expansion is a direct result of the […]

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Three risks payers and providers must take now to survive into 2024

The future of healthcare was all over MedCity CONVERGE 2014, and not just in the form of vague predictions about robot doctors and implanted sensors that track our every biological process. A doctor, an IT expert and a process improvement expert talked about what hospitals will look like in 2024, which ones will still be […]