How Sutter Overall health grew to gain marketplace power and drove up California health care costs – 60 Minutes
The coronavirus pandemic has unleashed much more than a flood of ailment in this country. It really is also expected to accelerate a wave of healthcare facility mergers and acquisitions – with significant hospitals purchasing up smaller sized kinds. This consolidation, economists say, is a single of the principal causes the cost of health care in this place is going by the roof.
You will find a lawsuit in excess of this in COVID-ravaged California, with the condition legal professional normal declaring that Sutter Well being, a medical center chain dependent in Sacramento, acquired so huge it had effectively come
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