By 2022, one in six new jobs will be in healthcare across the country. In Tennessee, healthcare will account for one in every 11 new jobs with Nashville home to hundreds of companies that have a national and even global impact. Last year, healthcare contributed $38.8 billion and 249,345 jobs to Nashville’s regional economy.
Read MoreSome experts see the frantic healthcare M&A activity as a pure response to healthcare reform. However, all of this deal-making indicates a long-overdue restructuring of the industry among other highly complex factors. Health systems are trying to solve for equally powerful forces: a more precise payment setting and increasingly savvy consumers. Cohesion of business models and technologies is another major factor behind the M&A boom.
Read MoreAs more medical practices are consolidated to form larger groups, physicians must prepare to deal with what they would do if an offer was made for their practice.
Read MoreHospitals must rethink their mission and strategy due to escalating health costs, insurer consolidation, ACA implementation and increased price sensitivity by employers and consumers. Operating margins are diminishing and pressure to keep premiums down is increasing. Therefore, increased enrollment is simply necessary stay in business and consequently the commercial insurance market is shrinking.
Read MoreDepending on who you talk to, there may or not be benefits of the new ICD-10 code implementation coming by October 1st.
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