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Prevent rising healthcare costs by stopping healthcare mergers

Insurance companies, health care systems at odds in cost-cutting push

Healthcare Financing

While regionalizing health care services in this way can improve the bottom line for hospital systems, it leaves some patients farther away from the medical care they need.

Service cuts often follow acquisitions. The cuts have had a particularly strong impact on the state’s rural labor and delivery landscape.Service cuts often follow acquisitions. The cuts have had a particularly strong impact on the state’s rural labor and delivery landscape.  Researchers have connected hospital consolidation to rising health care costs. 

The sale confirms other research that acquisitions result in losses to the hospital acquired and then hospitals, stripped of value, are resold. Manchester, Rockville and Waterbury (now planned to be acquired by Yale) were previously sold to Prospect Medical Holdings in CA, which extracted value for their investors, then resold the hospitals. 

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The Quiet Corner, NE Connecticut