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Pharma Investments, Ventures & Law Weekly

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Health Insurance



Potential Blues Merger Poses Concern for Area Health Systems



July 13th, 2008

HealthLeaders-InterStudy, a leading provider of healthcare market intelligence, reports that the consolidation of Independence Blue Cross and Highmark has local hospital officials anxious about the potential influence of what would become the largest health insurer in the state. According to the latest Philadelphia Market Overview, the expected merger of the state's two largest health insurers may encourage greater consolidation as hospitals seek greater negotiating clout.

"This merger will affect the balance of power between area health systems and health plans," states Mark Cherry, market analyst for HealthLeaders- InterStudy and author of the report.

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Source: Pharma Investments, Ventures & Law Weekly (2008-07-13)

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