From 240 individual hospitals not that long ago, Pennsylvania is down to 19 independent hospitals not affiliated with a larger health system. Pennsylvania is not alone in this trend that has raised some alarm. Consequently, the Department of Justice, Department of Health and Human Services, and Federal Trade Commission seek public comment on the effects of private equity funds’ acquisition of health care providers, mergers involving providers and health systems, and private payers’ purchase of physician practices. There is concern about patients’ health, workers’ safety, quality of care, and the rising cost of health care for patients and taxpayers. The Departments are particularly interested in receiving input on the effects of consolidation on patients and healthcare providers, including any differences between rural and urban areas. This is your opportunity to weigh in on how mergers and acquisitions have impacted your patients, your health center and your communities. The deadline for comments is May 6, 2024. Find more information including the link to submit comments here.
