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.
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