2023 saw several health care deals that changed the landscape

2023 saw several health care deals that changed the landscape
The Boston Globe, by Bob Herman and Tara Bannow; 12/30/23
Every year, the health care industry behaves more like a balloon: Squeeze one side, and the other expands. Companies that were once just insurers or just pharmacies are tacking on new business lines. The idea is that when profit inevitably gets squeezed in one, it'll expand in another. That trend of vertical integration was on full display in 2023, a year when the country's biggest pharmacy chain bought a primary care provider, and the biggest private insurer branched further into home health. Hospitals, meanwhile, continued to push the boundaries of expansion — their leaders following through on their promises to grow market power. Here are some of the biggest and most consequential health care transactions in 2023.
Editor Note: Article appears behind paywall.