In a pair of news releases, the main trade association for the U.S health insurance industry blamed hospitals and private equity firms for rising healthcare costs. The trade association, AHIP, asserted that 40% of every premium dollar is used to cover hospital-related costs. The news release traces the source of hospital costs to “decades of consolidation among hospitals” that has shifted the negotiating power in many local markets and to private equity firms owning a growing number of hospitals. According to AHIP, private equity firms now own nearly 500 U.S. hospitals, and approximately a quarter of those hospitals are in rural communities.
Read the full article: AHIP Lays Blame for Rising Healthcare Costs on Hospitals, Private Equity //
Source: https://www.managedhealthcareexecutive.com/view/ahip-lays-blame-for-rising-healthcare-costs-on-hospitals-private-equity