Greenville Health System and Palmetto Health in Columbia have partnered to form Prisma Health. Prisma has the financial resources to invest in existing service lines to increase efficiency and to improve outcomes. Prisma also may expand into other parts of the state and beyond. Prisma Health’s success with its Medicare ACO is spurring other health systems in Greenville to participate in ACOs. In such a competitive market, health systems are likely to embrace other value-based contracting models to stand out from the competition. Health systems in the market are even more consolidated since Spartanburg Regional Healthcare System acquired Mary Black Health System from Community Health Systems. The lack of competition could result in higher healthcare prices.


Related Reports

San Diego | California | 2020 | Market Overview (Event Driven)

The market is acclimated toward capitation and has a high managed care penetration. Providers are becoming one with payers at a rapid pace, and in-house insurance plans are appealing to area businesse...

View Details

Hartford | Connecticut | 2020 | Market Overview (Event Driven)

Market Outlook: Consolidation, integration, and collaboration continue to drive change at a rapid pace in the Hartford market. Hartford HealthCare remains the dominant health system be...

View Details

Las Vegas | Nevada | 2020 | Market Overview (Event Driven)

While Las Vegas hospitals grow incrementally, the impact of the COVID-19 pandemic threatens to hurl the market back into a recession, and the last recession took longer to end in the Las Vegas market...

View Details

Louisville | Kentucky | 2020 | Market Overview (Event Driven)

The Louisville market is a battleground for the three largest health systems, which are consolidating into integrated delivery networks. University of Louisville Health’s acquisition of KentuckyOne He...

View Details