Consolidation is sweeping across Greensboro, where health systems exert the most control over healthcare in the market. Wake Forest Baptist Health has boosted its market share significantly with the acquisition of High Point Regional Health System, displacing Novant Health as market leader. Wake Forest is also exploring a plan to combine with Charlotte-based Atrium Health. Consolidations can leave insurers with few alternative providers to include in their networks, giving combined health systems greater bargaining power. Insurers are turning to strategic partnerships to gain footing. Blue Cross and Blue Shield of North Carolina has plans to merge with Cambia Health Solutions, and Cigna has completed its merger with Express Scripts. As the state shifts to a managed Medicaid model that integrates physical health, behavioral health, and pharmacy services, look for the adoption of alternative payment models, including risk-based contracts, to accelerate in Greensboro.


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