AMA: Insurer Consolidation Drives Down Physician Reimbursement
Posted on 24. Mar, 2009 by in Provider News
We’ve all heard the old Wild West phrase about there being “room for only one sheriff in this here town.”
These days, many metro areas have ‘room’ for only one or two insurers, reports American Medical News. And some insurance company mergers “have resulted in physician complaints of plans using their market power to drive down payments,” AMNews says.
Market with the most consolidation? Look to Alabama, where BCBS of Alabama holds sway. Parts of Florida have the least consolidation, where even the mighty UnitedHealthcare has a measly quarter of the market share … More …
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