Samer Cababbe, MD, a physician at St. Anthony’s Medical Center, said he believes the hospitals are primarily concerned with cutting costs, even if their actions may negatively affect patients’ health.
“The Independent Physician Advisory Board was developed to look at ways to cut costs, and what they’ve done is look at the hospitals and…decrease reimbursement,” said Dr. Cababbe. “Patients need to be very concerned these days with their doctors in terms of making sure that they’re not being [sent to physicians] the hospital system [wants to send them to] versus [the physicians a patient’s primary provider thinks are] really the best.”
St. Anthony’s Medical Center declared its intent to affiliate with Mercy Hospital St Louis Feb. 21.
More articles on transactions and valuations:
Massena Memorial officials still undecided on potential affiliate
St. Anthony’s Medical Center inks affiliate agreement with Mercy Hospital St. Louis
Fulton County Medical Center, Tri-State Community Health Center to partner
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.