Marketplace Category

ZOOM+Care and Aetna are going to collaborate on an accountable care initiative in three Oregon counties, with the stated aim of cutting healthcare costs by up to 15% for employers in the Portland area. Offerings under the Aetna Whole Health ─ ZOOM+Care plan will be available starting July 1, though Aetna sales reps are quoting plans to local insurance producers as we speak. The partners plan to enable patients to use mobile phones to schedule same-day primary care, urgent care, and specialty visits at ZOOM+Care neighborhood clinics; to check labRead More
Less-Advantaged Kids Use the ED and Urgent Care More Often

Posted On April 10, 2018By Brandon NapolitanoIn Marketplace, News

Less-Advantaged Kids Use the ED and Urgent Care More Often

It may come as no surprise to healthcare industry veterans, but there are fresh data that shed new light on greater utilization of emergency rooms by pediatric patients in neighborhoods viewed as disadvantaged. Statistically, kids who live in “low opportunity” areas are roughly 33% more likely to visit an urgent care center or the ED than children who grow up elsewhere. It’s not just scratchy throats and sudden fevers sending them there, either; the less-advantaged young patient is nearly twice as likely to seek care for assault-related injuries than others.Read More
Report: Walmart and Humana May Be Deepening Their Partnership
Walmart may be looking to wade deeper into the healthcare pool—including, potentially, offering urgent care services—by working more closely with Humana, according to an article published in The New York Times. The report says unnamed sources don’t expect Walmart to take over Humana outright. More likely, the deal will manifest in a financial and operating partnership focused on prescription drug sales and/or insurance coverage. It could also be the basis for opening urgent care centers inside Walmart stores down the road, some analysts conjecture. The two companies have been cobrandingRead More
Update: Ascension, Providence Call Off Proposed Merger

Posted On March 30, 2018By Brandon NapolitanoIn Marketplace, News

Update: Ascension, Providence Call Off Proposed Merger

Just days ago, we told you that Ascension had plans to downscale its footprint, focusing less on its identity as a large hospital system in favor of more emphasis on broader community access and patient-driven care. Now the company is demonstrating that ethos by stepping back from its plans to merge with Providence St. Joseph Health, according to the Wall Street Journal. That deal would have made the combined company the largest hospital provider in the country.  However, Ascension did recently join forces with Presence Health, a large Chicago-based CatholicRead More
Hospitals-Wave-Red-Flags-image-2
Lower reimbursements, regulatory challenges, and increased competition are among the factors moving Ascension to reduce its “footprint,” according to a new article in Modern Healthcare.  CEO Anthony Tersigni told employees that the company would be restructured from its current model as a hospital system “to one that’s focused on outpatient care and telemedicine.” Ascension saw revenues drop 27% last year compared with 2016 (though nonoperating income increased by $1.31 billion). It’s noteworthy that inpatient and emergency room volume fell more than 4% last year—again, perhaps illustrating to leadership that aRead More
Another-Market-Projection
The U.S. urgent care market will continue to grow through at least 2023—to an overall value of $25.93 billion, according to a report just released by MarketsandMarkets. The research, packaged under the title Urgent Care Center Market by Service (Acute Illness Treatment, Trauma/Injury Treatment, Physical Examination, Immunization & Vaccination), Ownership (Corporate Owned, Physician Owned, Hospital Owned), and Region – Global Forecast to 2023, attributes the ongoing surge to the public’s demand for affordable care and shorter wait times, growing investments in urgent care, the increasing senior population, and strategic developments betweenRead More
Hospital-owned urgent care centers continue to be a growing segment of the marketplace—but their growth is still not on pace with privately owned companies, especially larger entities like MedExpress, CityMD, and others, according to a new report from Merchant Medicine. In Calm Before the Storm?, CEO Tom Charland points out that industry growth last year was led by “top independent operators” who grew 11% in 2017. Hospitals are opening more centers, too, just not as aggressively. Among the 10 largest independent operators on Merchant Medicine’s list, the fastest growers wereRead More

Posted On March 2, 2018By Brandon NapolitanoIn Marketplace, News

Forbes Picks Up on Urgent Care’s Ongoing Growth

The country’s most recognized business publication has picked up on what we’ve been sharing with you all along: The urgent care market has done nothing but grow in recent years, to the point that it’s overall value is now estimated to be $18 billion. Forbes just ran an article also noting that the most recent industry projections see further growth of 5.8% in this year alone. Forbes observed that our industry is not only growing upward, but expanding to include “newer” entries like Walgreens Boots Alliance and UnitedHealth Group. TheRead More

Posted On February 6, 2018By Stuart WilliamsIn Marketplace

NC Psychiatric Urgent Care Clinic Is Finding Its Footing

In September, we told you about an urgent care center in North Carolina that had committed to serving the immediate needs of patients with psychiatric and behavioral health concerns—but was struggling to attract enough patients. The staff was seeing fewer than 17 patients a week then; today, it’s closer to 50, halfway to their goal of serving 100 each week. Carolina Outreach just conducted an open house to celebrate its 6-month anniversary and to continue to educate the public about the services it offers. The center contracted with Alliance BehavioralRead More
The growing geriatric population in the U.S. and increasing demand for convenient and cost-effective care worldwide will be key in the continued growth of the global urgent care market—pushing its overall value to $30.5 billion by 2020, according to a new report from Market Research Reports Search Engine (MRRSE). Urgent Care Centers Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017–2020 cautions that the physician shortage being experienced in multiple practice settings, including urgent care, could slow growth somewhat. It predicts that North America will continue toRead More