The health care industry has seen radical changes and continues to evolve thanks to technology, competition, and, especially, government regulation. Regulatory compliance alone has created rigid and ever-increasing guidelines in all areas of health care, and especially in hospital, clinic, and nursing home operations. Simultaneously, industry consolidation, primarily through mergers and acquisitions, has increased the sector’s business and legal complexity.
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"Although the fate of health care reform is unclear, the prospect of a changed landscape is driving providers to take actions designed to lower costs and increase accessibility. The biggest issue we’re seeing is provider consolidation. Hospitals, physician practice groups, and other providers are coming together to devise ways to deliver a high quality product for less in an industry that takes on a huge amount of risk. Our health care system needs some kind of reform, and the current law—if upheld—will bring both challenges and opportunities for our clients."
- Carlton Fields shareholder Linda Fleming |
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