What You Need to Know About Biden's Antitrust Enforcement
Healthcare attorney Beth Vessel was quoted in a Modern Healthcare article discussing the Biden Administration's approach to healthcare antitrust enforcement. The article covers how the Biden Administration has taken an aggressive approach to healthcare deals, which has led to healthcare consolidation falling to less competition, higher costs, lower quality and suppressed wages. Ms. Vessel commented on the hefty costs that companies may face when under antitrust investigation and the effect it may have on the value of a business.
"For hospitals, often they're merging because there are financial concerns," she said. "There's only so much they're willing to do in terms of trying to get a deal through. They might win if they really pushed for it, but it would be very expensive."
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