Monday, August 2, 2021
HomeNewsBiden's competition order covers hospital mergers, surprising medical costs - News

Biden’s competition order covers hospital mergers, surprising medical costs – News


The White House is likely to demand revised enforcement guidelines to promote hospital competition and amplify federal scrutiny of hospital mergers, which health economists say have raised prices.

The· Biden administrationWas released on Friday, encouraging the Justice Department and the Federal Trade Commission to review and, in some cases, revise the merger guidelines. It emphasized the integration of hospitals, which said the order had harmed consumers.

The order also demanded that the Department of Health and Human Services uphold the rules. Limit surprising medical expenses And Request the hospital to disclose the price.. The Trump administration ordered hospitals to publish prices from January 1, but many hospitals did not comply.

Recommendations are made after the federal government has already stepped up its review of medical competition and pricing practices.

Last December, the FTC appealed to suspend the agreement that Hackensack Meridian Health would acquire the Englewood Healthcare Foundation. The Hackensack Meridian is fighting the FTC proceedings, a spokesman said, and it declined to comment further.

Biden’s competition order covers hospital mergers, surprising medical costs

Source link Biden’s competition order covers hospital mergers, surprising medical costs

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