As Greensboro providers face reductions in patient volume and financial woes amid the COVID-19 pandemic, significant health system consolidation looms on the horizon. Wake Forest Baptist Health, Novant Health, and Cone Health, are pursuing merger partners outside of the market. Randolph Health, one of the market’s last independent hospitals, also has found a buyer across state lines. The trend of regional consolidation is expected to give health systems more bargaining power over insurers in Greensboro. 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. With more than 270,000 local Medicaid beneficiaries, the transition also presents a major opportunity for the five managed care organizations chosen to serve this population.


Related Reports

Charleston | South Carolina | 2021 | Market Overview Brief

MUSC Health is the dominant health system in the market, leaving Trident Health and Roper St. Francis Healthcare to vie for the No. 2 spot. And for the moment, Trident Health has jumped ahead of RS...

View Details

Harrisburg | Pennsylvania | 2021 | Market Overview Brief

Pittsburgh-based ecosystems UPMC Health and Highmark Health continue to shape the Harrisburg market into another front in their statewide competition. UPMC Pinnacle leads the market’s hosp...

View Details

Cape Coral | Florida | 2021 | Market Overview Brief

Cape Coral health systems are the key drivers in this market and Lee Health and NCH Healthcare—which dominate Lee and Collier counties, respectively—have escalated their rivalry by open...

View Details

Birmingham | Alabama | 2021 | Market Overview Brief

Birmingham, a statewide hub for specialty care, has historically been a slow-moving market from the perspective of value-based contracting. BCBS of Alabama is the power player and key driver of qua...

View Details