Months of mergers and acquisitions – will they bring down costs?

By InsuranceNewsNet – March 12, 2018Medicine, pharmaceutics, health care and people concept - Happy senior male customer buying medications at drugstore

Health care spending is inexorably rising, accounting for an estimated 18% of the U.S. economy last year. Under pressure to tame ever-increasing health-care costs, the companies that help millions of Americans manage their medical care are wagering they can be stronger and simpler by joining forces.

Insurers, drug-benefit managers, drug distributors, pharmacies and large medical groups all get a cut of the profits from caring for patients. Bringing more of those businesses under one roof might help streamline some of those costs and improve care … at least in theory.

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