Prisma Health—formed from the merger of Palmetto Health and Greenville Health System in mid-2017—is making big waves in the Columbia market: Prisma Health–Midlands is acquiring Providence Health/KershawHealth, which will make Columbia a two-system market. Health systems in the market already were consolidated because of the closing of Fairfield Memorial Hospital in Winnsboro and the acquisition of KershawHealth by Providence Health’s parent company, LifePoint Health, in late 2018. Prisma Health’s geographic and market share dominance may force Lexington Medical Center to expand its footprint beyond Lexington and Richland counties. Elsewhere, value-based contracting models mostly involve bonus payments with little risk, although dominant insurer BlueCross BlueShield of South Carolina runs a few bundled payment model pilots and has an extensive patient-centered medical home network in the market and state. BlueCross BlueShield has little incentive to promote payment reforms, but Prisma’s growing footprint could force change by offering more coordinated and successful ways to manage quality, efficiency, and costs.


Related Reports

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

Baton Rouge | Louisiana | 2021 | Market Overview Brief

The Baton Rouge market suffers from a high poverty rate and low health literacy, making the populace vulnerable to hospitalization during the COVID-19 pandemic. The market continues to have a scarc...

View Details