As hospital mergers and acquisitions gather steam in the Hudson Valley, people can expect to see fewer medical centers, more urgent-care locations, and small practices dying out or being absorbed into larger ones, according to an article on the Record Online website.
Consolidations and collaborations have been picking up at a fast pace in the New York region, and more are planned in the coming months.
Consolidations are part of a nationwide trend of mergers and acquisitions among hospitals as smaller groups struggle to compete in a changing health care landscape, the article said.
Small hospitals often lack the resources for the upgrades that would keep them competitive.
Regulations Take the Lead in Healthcare Restroom Design
AHN Allegheny Valley Hospital Opens Expanded Inpatient Rehabilitation Unit
HSHS and Lifepoint Rehabilitation Partner on New Inpatient Rehab Hospital in Green Bay
Turning Facility Data Into ROI: Where Healthcare Leaders Should Start
Sutter Health Breaks Ground on Advanced Cancer Center and Care Complex