As hospital mergers and acquisitions gather steam in the Hudson Valley, people can expect to see fewer medical centers, more urgent-care locations, and small practices dying out or being absorbed into larger ones, according to an article on the Record Online website.
Consolidations and collaborations have been picking up at a fast pace in the New York region, and more are planned in the coming months.
Consolidations are part of a nationwide trend of mergers and acquisitions among hospitals as smaller groups struggle to compete in a changing health care landscape, the article said.
Small hospitals often lack the resources for the upgrades that would keep them competitive.
A 'Superbug' Is on the Rise in Hospitals
The Next Generation of Security Tech in Healthcare Facilities
Encompass Health Rehabilitation Hospital of St. Petersburg Opens
Why More Facilities are Adding Gender Neutral Restrooms
Massachusetts Hospital Cyberattack Reflects Growing Vulnerability in Healthcare Systems