Biden Competition Order Targets Hospital Mergers, Surprise Medical Bills

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President Biden’s executive order takes aim at hospital mergers and surprise medical bills—two sources of high medical costs, some health economists say

. The Trump administration ordered hospitals to make their prices public starting Jan. 1, but many hospitals have failed to comply.

The recommendations come after the federal government has already stepped up its review of healthcare competition and pricing practices. Last December, the FTC sued to stop Hackensack Meridian Health’s agreement to acquire Englewood Healthcare Foundation. Hackensack Meridian is fighting the FTC suit, said a spokesman, who declined to comment further.

 

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Most hospitals historically used to be run by counties and other local governments, but they got out of that business because it wasn't economically viable despite being subsidized by taxes. Many businesses need to merge or they will go under and the community will be worse off

Good! These large hospital systems gobbling up smaller systems and creating a monopoly is having us trend to only hospital employee doctors. They are substantially hurting solo or small group practices. Wait for 4 months to see a specialist is the results of this in my county.

If we buy up our closest hospitals we don’t have to compete with them. Anti capitalism. Oligopolies. HospitalMergers emergencymedicine

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