Huge Health System Merger Proposal in New York

NYULMC

NYU Langone Medical Center / CC-BY-SA-3.0

The New York Times is reporting that “NYU Langone Medical Center, a highly specialized academic medical center, and Continuum Health Partners” have signed a memorandum of understanding in order to explore a potential merger.  The two organizations stated, “that a successful partnership would achieve economies of scale that reduce health care costs while enhancing the quality of care and allowing for investment in new facilities.”   Given the continued pressures on healthcare reimbursement and efforts to reduce total healthcare costs, I expect to see other organizations explore similar strategies.

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