More power for them, less power for us-----Hospital Mergers Jumped 25 Percent in 2021

Hospital Mergers Jumped 25 Percent in 2021

• More than 3,000 merger and acquisition (M&A) transactions took place in the hospital industry in 2021, a 25 percent increase over 2020, states a report in Fierce Healthcare published on December 14.

“...There is no good reason for government policies that encourage this trend,” Goodman said.
Big Hospital Deals
...Health IT and software continue to be the top sectors in M&A activity, exceeding 320 deals and expected to end the year with around 450 deals.
...“The lack of competition in the nation’s hospital markets undermines patient choice and increases consumers’ costs,” writes Moffit.
“Conversely, strong market competition not only increases patient choice and controls costs, but also stimulates innovation in health care delivery and improves the quality of care,” Moffit wrote.