Banker Fees Rise 59% With Recent Healthcare Merger & Acquisition Boom

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Banker Fees Rise 59% With Recent Healthcare Merger & Acquisition Boom

The increase in mergers and acquisitions in the healthcare industry has caused fees to rise to about 59% for 2015. Goldman Sachs controls 11.8% of the healthcare fees, JP Morgan is responsible for 11.2%, and Morgan Stanley has about 6.9%. The industry has seen a record of deal making as larger companies are buying up smaller rivals, and drug makers of generic medicines are creating ties with insurers.

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Accenture Acquires EHR Consulting Firm to Expand Healthcare Capabilities

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Accenture Acquires EHR Consulting Firm to Expand Healthcare Capabilities

The EHR market is anticipated to exceed $22 billion this year. Kaveh Safavi, managing director of Accenture's global healthcare business, said, “There is a critical need for medical IT specialists who can help healthcare systems maximize the utility and impact of digital health records.” Accenture recently announced that it will acquire Sagacious Consultants, an EHR consulting practice that was recognized as the 2013 Best in KLAS for Clinical Implementation Services.

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Carolinas HealthCare System Expansion Drives Revenue Gains

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Carolinas HealthCare System Expansion Drives Revenue Gains

Patients are becoming more active in choosing where they receive medical care due to the growing popularity of high-deductible health plans. Carolinas HealthCare System has been placing more emphasis on making it easier for patients to access care in recent years, which drove significant revenue increases. They reported net operating revenue of $4.4 billion for the first half of 2015, up from $4.1 billion for the same period of last year.

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AMA Warning: Healthcare Mergers Good for Insurers, Bad for Patients & Physicians

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AMA Warning: Healthcare Mergers Good for Insurers, Bad for Patients & Physicians

Already, 7 in 10 cities experience a “significant absence” of competition and 46 states have 2 insurers with at least a 50% share of the market. The American Medical Association (AMA) recently released a 12-page analysis, warning that the proposed Anthem-Cigna and Aetna-Humana mergers would lead to an “unprecedented lack of competition” in the market.

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