According to the study, the share of physician practices owned by hospitals rose from 14 percent in 2012 to 29 percent in 2016. (Photo: Shutterstock)
A new study from Texas finds that when health systems acquired physician practices in the state, costs went up, but quality of care did not.
Health care consolidation and integration has become a controversial issue in recent years, as expected efficiencies have not always led to lower costs. A wave of consolidations across all facets of health care has led to concerns about anti-competitive trends in markets dominated by a handful of players.
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