The trend comes as medical care providers look to grab scale to compete with national health insurers and outpatient medical care providers entering their markets
Just last month drugstore giant CVS Health completed its acquisition of Aetna, the nation’s third-largest health insurer, for $69 billion
We’re seeing a move toward strategic growth, driven in part by the need to acquire expertise and resources to manage the industry-wide changes facing hospitals and health systems
Hospitals and health systems are consolidating to fend off these new players with access to massive amounts of capital like CVS and UnitedHealth Group’s Optum health services business
