We'd like to invite you to an event hosted by our sister organization. It’s no secret that consolidation among hospitals, health insurers, and pharmacy benefit managers is raising costs and reducing care quality for patients. But it’s also hurting the healthcare workforce, eroding professional autonomy and pushing independent providers out of the market. More than three in four physicians now work for corporate employers, and those who remain in independent practice struggle to keep their doors open. Since January 2024, more than 3,000 pharmacies have closed resulting in pharmacy deserts in many parts of the country.
In recent years, the Federal Trade Commission has prioritized ensuring a competitive healthcare marketplace, including by blocking illegal mergers; suing the “Big Three” PBMs and a private equity-backed anesthesiology mega group for gouging consumers; and banning noncompete agreements, which prohibit workers from changing jobs. Despite President Donald Trump’s recent attempt to fire them, Commissioners Alvaro Bedoya and Rebecca Slaughter remain committed to this work.
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