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.
What Accessibility in Senior Care Facilities Should Look Like
Corewell Health to Expand Grand Rapids and Troy Hospitals
Shoshone Medical Center Reports Data Breach
Cyberattack Results in Patient Reroutes at Anne Arundel Medical Center
Tangram Furnishes Be Well OC Irvine Behavioral Health Campus