San Antonio Market Overview Now Available from HealthLeaders-InterStudy
NASHVILLE, Tenn.--(BUSINESS WIRE)-- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that hospitals in the San Antonio area are in expansion mode as they seek to maintain market share and to meet the demands of the growing populations. According to the recent San Antonio Market Overview, San Antonio’s top two health systems, Methodist Healthcare System and Baptist Health System, are expanding through acquisitions and construction of new facilities.
Methodist Healthcare System recently acquired Texsan Heart Hospital, while Baptist Health System is opening a new hospital in the growing city of New Braunfels and building a new hospital in San Antonio to replace an older facility. These health systems are implementing strategies to increase integration and coordination of care, thereby creating close alignment with physicians. As physicians face challenges such as electronic medical record costs and declining government reimbursements, an increasing number of physicians are opting for employment with health systems.
“The San Antonio market will see continued hospital consolidation as small hospitals look for partners and as large systems aim to defend market share and improve their negotiations with insurers,” said HealthLeaders-InterStudy Market Analyst Deborah White. “However, health systems are accelerating the use of non-profit organizations to employ physicians as part of their physician alignment strategy. While an increase in the number of employed physicians at non-profits may limit access for pharmaceutical representatives, prescription drug adherence is likely to improve as hospitals coordinate care more closely with physicians.”
In addition to providing detailed analysis of health system expansion in the San Antonio market, the San Antonio Market Overview provides local-level insights about:
- Methodist Healthcare’s partnership with RediClinic to open additional retail clinics
- The Healthy Texas reinsurance program and how it will provide cost relief to small businesses offering health insurance
- Types of programs health insurers are emphasizing to reduce medical costs
Why Pharmaceutical Sales Representatives Need Market Overviews
Market Overviews provide a detailed analysis of local healthcare market drivers in 87 of the nation’s most dynamic metro areas. Market Overviews are updated throughout the year based on market events, allowing sales reps to be more nimble in their sales efforts.
HealthLeaders-InterStudy, a Decision Resources, Inc. company, is the authoritative source for managed care data, analysis and news. For more information, please visit www.HL-ISY.com.
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KEYWORDS: United States North America Tennessee Texas
INDUSTRY KEYWORDS: Health Hospitals Managed Care