Resources - Hospital Watch

Resources

Hospital Consolidation Drives Higher Prices

Kelly Brignac received a $1,544 facility fee at MaineGeneral Medical Center despite only receiving a few servics.

Hospital Consolidation Drives Higher Prices

King of Prussia, Pennsylvania-based Universal Health Services reported a strong quarter, posting nearly 69% growth on its bottom line.

Hospital Consolidation Drives Higher Prices

Nashville-based industry behemoth HCA Healthcare posted 23% year-over-year profit growth for the quarter, revising its forecast for the rest of the year, projecting it’ll reach as much as $6 billion.

Hospital Consolidation Drives Higher Prices

The Connecticut Office of Health Strategy report found that hospitals that underwent a merger had massive increases in costs of care. When controlling for a particular diagnosis or diagnosis group, the price growth for inpatient services at hospitals affected by mergers was quadruple that of other hospitals — an increase of 8.3% in prices versus 2%, respectively.

Hospital Consolidation Drives Higher Prices, Lower Quality Care

Just six years after Tennessee and Virginia lawmakers waived anti-monopoly laws to allow two competing hospitals to merge into Ballad Health, the nation’s largest state-sanction corporate hospital system is falling short on its quality-of-care measurements. Somehow, the system still received an “A” grade from the Tennessee Department of Health.

Hospital Consolidation Drives Higher Prices

Since 2006, Hawaii officials have denied 24 certificate-of-need petitions, representing $200 million in private healthcare investment. The denied applications include three medical facilities that would have added 206 beds, increasing hospital capacity by 8%.