Healthcare Powerhouse Of Consolidation: A Case Study

625 Words3 Pages
Efforts Combined: Healthcare Powerhouse of Consolidation American consumers are finally demanding of the health industry what they have demanded of other industries for years. Better quality at a lower price. The current status of US healthcare has many systemic problems which demand immediate attention. With the enactment of the Affordable Care Act (ACA), new regulations and requirements demand more out of health provider systems. The ACA has a triple aim to usher healthcare provider systems into the future, by improving the experience of care, improving the health of populations, and reducing per capita costs of health care. Consolidation of hospital systems and insurers would create larger and more effective delivery systems and satisfy each one of these important goals. Across each goal, a focus on consolidating efforts and capitalizing on the expertise of both insurers and hospital will increase access to care and ultimately increase quality and reduce costs of a system in dire need.…show more content…
With the rising costs and increased focus on experience and quality for the patient, the market for healthcare services will grow even more competitive as regulations increase. By consolidating, both hospitals and insurers can both prosper in this new era and achieve the goals of improving experience of care, improving health of populations and reducing cost per capita. Consolidation will allow hospitals to reduce costs because they will be guaranteed for their work and protected from costly mistakes. At the same time, insurers can benefit by having a concentrated patient group and increase the number of covered lives, thereby increasing profits for both the hospitals and

More about Healthcare Powerhouse Of Consolidation: A Case Study

Open Document