The health care industry has experienced a significant increase in consolidations among providers of facilities and services alike. From drugs to devices to service providers, 2014 saw the largest consolidation within the health care industry in the past 20 years. These consolidations were spurred primarily by two distinct factors in the market.
The first is the reduction of reimbursements from both insurers and governmental agencies. Both 2013 and 2014 saw some of the most dramatic reductions in Medicare and Medicare related reimbursements to service providers.
Originally published on Law.com on June 14, 2015.
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