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“Vertical integration” has become a buzz phrase to encapsulate the healthcare industry’s commercial consolidation and merger mania over the last decade.
But, simply linking a health plan, PBM, a specialty pharmacy, and a clinic under the same corporate umbrella isn’t true integration. While most market watchers are interested in the long-term financial outcomes of mergers and acquisitions, vertical integration in healthcare creates the potential for consolidation of care quality goals as well.
Taking a strategic view toward aligning the component organizations within your vertical can help you improve care experiences for patients and better work experiences for providers.