Hospitals are steadily buying small physician practices and, in the process, driving up the price of care, a new National Bureau of Economic Research study shows. Between 2008 and 2016, the researchers found the the share of private physician practices acquired by a hospital in the U.S. rose by 71.5%. By 2016, roughly half (47.2%) of physician practices were owned by a hospital. Virtually all of the estimated deal valuations of physician-hospital mergers the researchers tracked fell below Hart-Scott-Rodino merger reporting thresholds.
Read the full article: Hospitals Scoop up Physician Practices, Driving Prices Up //
Source: https://www.axios.com/2025/07/21/hospital-consolidation-doctor-practice-cost