At the start of 2021, nearly 70% of U.S. physicians were employed by hospitals or other corporate entities, leaving just 3 out of 10 of the nation’s physicians practicing in independent medical practices. When major monopolistic hospital systems enter a local market and buy up competing hospitals and physician practices, they abuse their market dominance to charge patients egregious price markups.
Better Solutions for Healthcare supports policies that promote economic competition through a fair and open marketplace, combat market-power abuse, and protect consumers from price gouging by enabling choice, higher-quality services, and lower costs.
Prices at monopoly hospitals are 12% higher than those in markets with 4 or more competitors.
The final verdict on hospital networks is in. Despite all of the self promoting ads in the media, hospital mergers increase costs and do not
As hospital consolidations swept the country over the last three decades, their executives predicted the moves would produce lower costs. But decades of health services
The US health system in general, and the US hospital sector in particular, are largely market-based. Both public and private payers rely on competition between
January 19, 2023 Antitrust strategies could go a long way toward reining in rising health care costs. Some things in health care are not so
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