Many areas have seen more than 50 percent consolidation of providers or insurers, which has raised the stakes in provider-payer contract negotiations. (Image: Shutterstock)

Consolidation on both the payer and provider side of health care is heightening the disruption caused by contract negotiations between the two parties, a new study from finds. And although the disputes are usually resolved at some point, consumers can suffer both financial and health risks when the disputes move providers into out-of-network status.

The report from the Center on Health Insurance Reforms from the Georgetown University Health Policy Institute said that a decade of consolidation in the health care industry have led many areas to have more than 50 percent consolidation of providers or insurers, which have raised the stakes in provider-payer contract negotiations.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.