Biden’s Order Could Boost PE, End State Licensing
President Biden's recent executive order could boost private equity, cause disruption for the medical profession's guilds and discourage hospital consolidation.
Brent Hill told Modern Healthcare, "There seems to be a general dislike of consolidation in the healthcare industry, particularly in the hospital industry."
Biden's executive order also called special attention to the lack of healthcare services in rural areas high drug prices, and could have significant impact on the healthcare industry, depending on how far regulators are willing to go.