FTC, Indiana residents pressure state to block hospital merger

  • 📰 NewsMedical
  • ⏱ Reading Time:
  • 58 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 71%

Hospital Noticias

Health Care,Healthcare,Public Health

Indiana residents and federal officials are urging state health regulators to stop two rival hospitals in Terre Haute from merging.

KFF Health NewsNov 19 2024 The deal, if approved, would leave residents with a hospital monopoly.

"Monopoly should be just a board game. Not a healthcare system," a commenter listed as H. Osborne wrote to the state health agency. Union Health said its proposed deal would improve care and increase access to services while "maintaining cost efficiency" for patients. Related StoriesZack Cooper, a health economist and associate professor at Yale University, said the merger would probably damage the local economy and squeeze residents' wallets. Cooper's analysis estimates the price of care would rise by at least 10% for area residents and lead to 500 lost jobs, while nurses' pay would drop by at least 7%. His research predicts the deal also would lead to unnecessary deaths from suicide or overdose, stemming from those job losses.

The FTC pushed back, saying the oversight mechanism "would be insufficient to contain costs" and is a "poor substitute" for competition. Even though Union would face limits on raising prices in Vigo County, the FTC said, the system might be able to hike them elsewhere, including at its hospital in neighboring Vermillion County to the north.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 19. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

US regulators plan to investigate Microsoft’s cloud businessFTC chair Lina Khan continues to pursue Big Tech in final days of Biden presidency
Fuente: ftenergy - 🏆 47. / 63 Leer más »