Competition in Healthcare

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Competition in Healthcare

Introduction

The US healthcare system has witnessed a dramatic increase in competition in recent years. The competition has increased manifold between the different healthcare providers. These players include public and private hospitals, physicians, nurses, dentists, health plans, and drug companies.

In addition, the healthcare system in America has seen an overhaul. Now, many hospitals have been favoring consolidation in the healthcare industry and consequently have been pursuing mergers and acquisition of hospitals. However, this has also given rise to anti-competition concerns regarding the makings of behemoth hospitals. The Federal Trade Commission has been active to curb anti-competitive ...