Written by Rob Lillpopp on February 8, 2010 – 6:15 am
Alex Nussbaum and Meg Tirrell on Bloomberg New writes about the possibility of major merger in the wake of what may come in the next version of health care reform.
“Insurers, drugmakers and hospitals will likely slash costs and merge companies to maneuver through a U.S. health-care landscape marked by rising medical expenses and the loss of millions of potential paying customers.
With Congress’ sweeping overhaul of the health system stalled, industry will seek its own answers to a push by government and the private sector to rein in costs, said Curtis Lane, senior managing director at MTS Health Partners, a New York-based equity fund. An aging U.S. population will spur demand for services and, at the same time, boost pressure to control spending, he said.”
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