Navigation Links
Consolidation Among Chicago Physicians Likely to Increase

NASHVILLE, Tenn., Aug. 25 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that while the medical community in Chicago is more consolidated than most large cities, with multiple large physician groups affiliated with health systems, the physician segment is likely to grow even more consolidated in the future. According to the recent Chicago Market Overview, with lower patient volumes, a higher percentage of uninsured patients and tighter access to capital, consolidation is likely for local physicians who have already been dealing with stagnant reimbursement from insurers and increased costs such as electronic medical records and malpractice insurance.

"While increased consolidation will provide Chicago physicians with additional resources and better leverage with insurers, it's not all positive for the medical community, particularly for those physicians who value greater independence," said Mark Cherry, analyst with HealthLeaders-InterStudy. "Such consolidation can also be a challenge for pharmaceutical sales representatives because health systems are more likely to require them to make appointments to see physicians."

Hospitals, looking for referral streams and added leverage against health plans, are eager to employ physicians. Additionally, greater consolidation gives health systems an increased ability to streamline clinical practices. One example of this consolidation trend is Chicago's Advocate Health Care's recent acquisition of Midwest Physician Group, a multispecialty practice that previously sent the majority of its patients to St. James Hospital.

"The consolidation among physician groups may be the first step in greater consolidation across the Chicago market, as the healthcare sector will be more aligned with two main segments: health systems and health plans," said Cherry. "Look for tensions between these two segments to increase."

Why Pharmaceutical Companies Need Market Overviews

Market Overviews provide a detailed analysis of local healthcare market drivers in 87 of the nation's most dynamic metro areas, allowing pharmaceutical executives to quickly gain local area expertise. Each report provides local-level insights into: health systems and hospitals, physicians, health plans, Medicare/Medicaid, pharmaceutical environment, legislation and employers.

About HealthLeaders-InterStudy

HealthLeaders-InterStudy, a Decision Resources, Inc. company, is the authoritative source for managed care data, analysis and news. For more information, please visit

About Decision Resources, Inc.

Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.

    For more information, contact:

    Lisa Osgood                               Elizabeth Marshall
    HealthLeaders-InterStudy                  Decision Resources, Inc.
    781-296-2606                              781-296-2563              

SOURCE HealthLeaders-InterStudy
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Cardinal Health Formalizes Consolidation of Businesses Into Two Primary Operating and Reporting Segments
2. Insurance Department to Hold Statewide Meetings on Proposed Consolidation of Independence Blue Cross, Highmark
3. Insurance Department Will Hold Public Hearings on Proposed Consolidation of Highmark, Independence Blue Cross
4. Cell Therapeutics, Inc. (CTI) Plans to Submit Supplemental Biologics License Application (sBLA) for ZEVALIN(R) Consolidation of First Remission in Advanced Stage Follicular Lymphoma in 2008
5. Akela Pharma Inc. Completes Share Consolidation
6. Blood Mercury Levels Rising Among U.S. Women
7. Better Pap Smear Follow-Up Needed Among Lower-Income Women
8. Confronting Health Disparities Among Lesbian, Gay, Bisexual and Transgender Youth
9. Cancer Deaths Declining, Especially Among Young
10. Carefxs New Referral Management Solution Increases Hospital Referral Volume, Enhances Collaboration Among Specialists, PCPs and Patients
11. Sharing Prescription Meds Common Among U.S. Teens
Post Your Comments:
(Date:11/25/2015)... ... November 25, 2015 , ... For the first time, Vitalalert ... Organizations, One Beat ” campaign. The partnership between the two groups began in 2014 ... MAP International’s cause. , MAP International was founded in 1954 and is an international ...
(Date:11/25/2015)... ... ... On November 25, 2015, officials of Narconon Arrowhead , the drug rehabilitation ... new cutting edge recovery program that has been 50 years in the making. ... with the purpose to free addicts from the symptoms and negative behaviors of addiction. ...
(Date:11/25/2015)... ... ... Smiles by Stevens is pleased to announce the addition of Botox® for ... aware of the benefits of Botox® in the treatment of moderate facial wrinkling, few ... and pain as a result of Jaw Tension, TMJ (temporo-mandibular joint) disorder, and Bruxism ...
(Date:11/25/2015)... ... November 25, 2015 , ... In an ongoing Clinical Study conducted by an ... IL, UV Angel is evaluating the efficacy of its product and its disinfection protocol. ... 30 beds) from May 2014 through October 2015 at a 360-bed, acute-care, academic medical ...
(Date:11/25/2015)... Spring, Md (PRWEB) , ... November 25, 2015 ... ... Pulmonary Hypertension Association (PHA) announces the nation’s Periwinkle Pioneers, individuals and groups responsible ... history of this disease. The Periwinkle Pioneers, nominated by the public, will receive ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... 2015 Kitov Pharma ceuticals ... a biopharmaceutical company focused on the development of therapeutic ... today announced the closing of its previously announced underwritten ... ), each representing 20 ordinary shares of the Company, ... ADSs and warrants were issued in a fixed combination ...
(Date:11/25/2015)...  Today AVACEN Medical announced the issue of United States patent No. ... ". This patent shields the company,s AVACEN 100 dry heat therapy medical device and specific methods ... Photo - ... ... ...
(Date:11/25/2015)... , Nov. 25, 2015 USP 800 ... drug preparations (e.g. pharmacists, pharmacy technicians, nurses, physicians, ... technicians). The chapter also covers all entities which ... pharmacies, hospitals, other healthcare institutions, patient treatment clinics, ... --> --> What is ...
Breaking Medicine Technology: