A Pharmacist Shortage Has Caused CVS, Walgreens And Walmart To Cut Pharmacy Hours—Here’s What We Know
ForbesJUL 2023
Fewer competitors will lead to higher prices, and this economic reality hits hardest in the healthcare industry. Despite its aggressive rhetoric, the Federal Trade Commission (FTC) has done little to block the vast majority of primary care mergers, and the trend is only getting faster. The government needs to step in before every patient becomes just a data point on corporate investment charts.
In opposition to recent fearmongering, data shows healthcare mergers lead to lower costs and higher-quality care. According to the American Hospital Association, hospital operating costs have dropped more than 2% throughout the recent primary-care merger boom – a positive for administrators, doctors, and patients.