Sponsored by VMG Health | gregk@vmghealth.com | 214.369.4888

Trump's EO on healthcare could limit provider consolidation

President Donald Trump's executive order issued last Thursday included language suggesting the administration will limit consolidation among providers.

"My administration will also continue to focus on promoting competition in healthcare markets and limiting excessive consolidation throughout the healthcare system," President Trump wrote in the order.

The directive tasks HHS, the Federal Trade Commission and the Departments of Treasury and Labor with providing a report to President Trump within 180 days evaluating how well current federal regulations stimulate competition in the healthcare industry. If these policies are considered lacking, the agencies are expected to identify actions to limit consolidation, lower barriers to entry and prevent "abuses of market power."

After the initial report, agencies are expected to update the president every two years.

 

More articles on transactions and valuation:

11 recent hospital transactions and partnerships
Jefferson, Monell Center sign letter of intent to merge
Arizona medical centers merge under Summit Health name

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months