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Thank you for visiting HealthcareBanker.com a news aggregator of middle-market mergers and acquisition activity in the healthcare industries. This site addresses investment banking topics dealing with M&A, Capital Raising, Borrowing/Lending and other Corporate Development and Finance activities within the Healthcare Services, Healthcare IT, Medical Device, and Life Science industries.

Tuesday, June 14, 2016

Is Healthcare M&A Good For Consumers?



 

Combining forces: Will healthcare mergers hurt patients?


Consolidation has become commonplace, but some experts worry it will increase prices without improving patient care. 

(from Lebanon Daily News) 

Annville Family Medicine founding partner Robert Nielsen had a passion for treating ill patients, but by 2014, it was the doctor who was sick.

He was sick of always thinking about ever-increasing government regulations, keeping up with paperwork, negotiating with insurance companies – everything that kept his focus away from the people who needed to get well.

Nielsen found relief when the independent practice he helped to form in 1978 – doctor’s visits cost $12 then – was purchased by Harrisburg-based PinnacleHealth in a merger that took effect on Jan. 1, 2015. He’s happier now, still performing some administrative roles as medical director of PinnacleHealth Medical Group but spending half of his time with patients. 

Speaking of patients, it was thinking about current and future generations that need access to care that convinced him Annville Family Medicine had made the right decision to join Pinnacle, he said.

“Once you get (yourself) out of the picture and look at it from that perspective, there was no regret,” he said.