Hospital mergers and acquisitions have been gaining steam nationally for nearly a decade. According to a report by the Harvard School of Public Health, the number has doubled since 2009, when the ACA was on its way to becoming law. In this New Orleans CityBusiness article, Donna Fraiche, chair of the Louisiana Health Care Commission, notes that the move toward consolidation and partnerships is a matter of survival as the ACA demands leaner hospital systems that provide better services at a lower cost.
“Systems are being strained…you’ve got to be able to cut costs, and the only way to do that is to consolidate services,” Ms. Fraiche said.
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