Harvard Health Blog
All across America, hospitals are merging. In 2014 alone, there were 95 mergers, acquisitions, and joint ventures among U.S. hospitals, down only slightly from 98 in 2013. What's fueling this strong trend toward hospital consolidation -- and more importantly, why should you, as a consumer of health care, be concerned about it?
Like many stories, there are two sides to this one.
Hospital administrators who create the mergers tell one side of the story. They believe that hospital consolidation improves efficiency, access to care and quality of care, and may lower costs because in theory, the more care a hospital provides, the more efficient and less...