South County Health CEO and President Aaron Robinson told The Public’s Radio that the merger would give the systems too much power in the state.
South County hired law firm Jones Day to learn more about the effect the merger would have. On the Herfindahl-Hirschman Index, a measurement of market concentration, the proposed merger has a score of nearly 6,300 points. Anything above 2,500 points is considered highly concentrated, according to The Public’s Radio.
“We think that the ills of an 80 percent monopoly certainly outweigh any proposed benefits that the parties bring forward about what would come with a merger with Care New England and Lifespan,” Mr. Robinson told The Public’s Radio.
The merger application was made public Dec. 30, 2021, and is pending approval by the Federal Trade Commission and the state’s attorney general.
Some say the merger between the two systems and Brown University would improve healthcare in the state through an academic health system with a concentration on public health. Four unions that represent employees of the systems support the deal, The Public’s Radio reported.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit