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Corporate Consolidation

All articles tagged with #corporate consolidation

business1 month ago•26 min saved

Private equity tightens grip on Asheville’s vet clinics

An Asheville Watchdog analysis shows Buncombe County’s small-animal clinics are increasingly owned by corporate, private-equity-backed groups, with more than half of clinics and all three emergency hospitals now consolidated. Private equity lures vets with signing bonuses, student-loan relief, and higher salaries, driving buyouts that raise costs for pet owners and contribute to clinician burnout, even as some independents remain. Pet owners report higher bills and tougher access, while welfare groups provide vouchers to help keep pets in homes. Surveys indicate independent and corporate vets share similar overall satisfaction, suggesting the industry’s shift affects care models and costs more than clinician happiness.

via Asheville Watchdog|

#buncombe-county #business #corporate-consolidation

healthcare3 years ago•9 min saved

Consolidation Trend: Corporate Giants Acquiring Primary Care Practices Quickly.

Multibillion-dollar corporations, particularly giant health insurers, are buying up primary care practices due to the vast numbers of patients they oversee, who bring business and profits to a hospital system, a health insurer, or a pharmacy outfit eyeing expansion. The growing privatization of Medicare, the federal health insurance program for older Americans, means that more than half its 60 million beneficiaries have signed up for policies with private insurers under the Medicare Advantage program. However, experts warn the consolidation will lead to higher prices and systems driven by the quest for profits, not patients’ welfare.

via Yahoo News|

#corporate-consolidation #doctor-patient-relationship #healthcare

healthcare3 years ago•9 min saved

Consolidation Trend: Corporate Giants Acquiring Primary Care Practices Quickly.

Multibillion-dollar corporations, particularly giant health insurers, are buying up primary care practices due to the growing privatization of Medicare, which means that more than half its 60 million beneficiaries have signed up for policies with private insurers under the Medicare Advantage program. Despite their lowly status, primary care doctors oversee vast numbers of patients, who bring business and profits to a hospital system, a health insurer or a pharmacy outfit eyeing expansion. However, experts warn the consolidation will lead to higher prices and systems driven by the quest for profits, not patients’ welfare.

via Yahoo! Voices|

#corporate-consolidation #doctor-patient-relationship #healthcare

healthcare3 years ago•9 min saved

Consolidation Trend: Corporate Giants Acquiring Primary Care Practices Quickly.

Large corporations, particularly health insurers, are buying up primary care practices due to the vast number of patients they oversee, who bring business and profits to the company. The growing privatization of Medicare, the federal health insurance program for older Americans, means that more than half its 60 million beneficiaries have signed up for policies with private insurers under the Medicare Advantage program. However, experts warn that the consolidation will lead to higher prices and systems driven by the quest for profits, not patients’ welfare, and threaten the personal nature of the doctor-patient relationship.

via The New York Times|

#corporate-consolidation #doctor-patient-relationship #healthcare