This article in the New York Times about squabbling and spurned suitors engaged in New York hospital mergers reads like Barbarians at the Gate. This is what happens when you incent aggrandizement of hospitals by promoting accountable care organizations and then offer little oversight by antitrust authorities.
Either merger would create one of the largest health care systems in the city, with immense leverage under the new federal health care law. It could put pressure on outside medical practices, insurance companies and rival medical schools looking for hospitals in which to train their students.
Either merger would create one of the largest health care systems in the city, with immense leverage under the new federal health care law. It could put pressure on outside medical practices, insurance companies and rival medical schools looking for hospitals in which to train their students.
