Hospitals continue consolidating despite the pandemic

The pandemic has dried up big parts of hospitals’ businesses, and that’s why Congress established a $175 billion bailout fund to help them. At the same time, they’re spending millions on lawyers and advisers to explore deals that expand their business empires. When a merger or acquisition occurs in healthcare, the conjoining providers often say that…

4 Common missteps

Four Common Missteps That Leaders Make When Under Pressure To Reduce Costs! Current economic conditions caused by the pandemic are forcing health systems to hurriedly concentrate on cost reduction strategies. We have uncovered four (4) common missteps that leaders make when under pressure to reduce costs: Misstep # 1: Stop treating a sizeable share of…

Health insurers are eating higher medical costs

Almost all of the major health insurance companies are spending more on medical care this year than they have in the past. Rising prices and more services for sicker patients are among the many reasons why this is happening. That uptick in spending has freaked out Wall Street, even though insurers are still quite profitable.…