Healthcare in Lexington is slowly and unsteadily consolidating around UK HealthCare, Baptist Health, and CHI Saint Joseph Health System. These systems are beginning to expand outpatient locations, which will enable them to reach more patients and contain them in their networks. Health systems, particuarly CHI Saint Joseph Health, are also beginning to form new value-based contracts, which the market has historically avoided. The market’s prominent independent physician sector will feel more pressure to align with a health system as consolidation grows. Providers are also exploring direct-care arrangements that may form the basis for future direct contracts that bypass health insurers. For now, fragmentation and competition among providers means organizations like Baptist, CHI, and Lexington Clinic are likely amenable to lower rates in exchange for favorable network position. Expect carriers to use this fact to their advantage in negotiations.


Related Reports

Southern Connecticut | Connecticut | 2021 | Market Overview

Southern Connecticut is an innovative healthcare market with a high level of health system consolidation, physician clinical integration, and vast experience in value-based care initiatives and pay...

View Details

Southern Connecticut | Connecticut | 2021 | Market Overview Brief

Southern Connecticut is an innovative healthcare market with a high level of health system consolidation, physician clinical integration, and vast experience in value-based care initiatives and pay...

View Details

Orlando | Florida | 2021 | Market Overview Brief

Orlando’s reliance on tourism may slow down the market’s financial recovery from COVID-19. Employers may look to consumer-driven health plans to control costs. People who lost their emp...

View Details

Orlando | Florida | 2021 | Market Overview

Orlando’s reliance on tourism may slow down the market’s financial recovery from COVID-19. Employers may look to consumer-driven health plans to control costs. People who lost their emp...

View Details