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Also discussed was the expected impact to each panelists customers and members. Consolidation that results in three very large insurers commanding 44 percent of the market is of great concern to providers, said Hatton. Market analysis shows that the pending acquisitions will result in widespread anticompetitive market concentration leading to higher costs and fewer choices for consumers. Our cause is to transform health care to be economically sustainable and more focused on people and their families.Were realizing this because of our consolidation 20 years ago, which empowered our path toward the consumer. Bringing together intellectual capacity and financial capital has allowed us to pursue innovation and fundamentally reposition the company from a traditional health plan to a total health solutions platform, saidGanz. Additionally, panelists spoke about recent M&A activity and what the new payer landscape looks like in the coming years. This is a time of tremendous change for the health care industry, saidTavenner.Health plans are working in collaboration with other key stakeholders across the health systemtoinnovate,lower costs and increase the quality of care for patients. This timely discussion afforded our members the opportunity to hear first-hand from the nations industry leaders on issues that are top of mind, said Council President Hayley Hovious. Council members represent a diverse range of health care industry perspectives and it is our hope that this conversation will help them to make good business decisions and move this industry forward. Todays program was presented by BlueCross BlueShield of Tennessee . Supporting sponsors were Bass, Berry & Sims , Cressey & Company , KPMG and LifePoint Health . About the Nashville Health Care Council Celebrating its 20th anniversary this year, the Nashville Health Care Council is a premier association of health care industry leaders working together to further establish Nashvilles position as the nations health care industry capital. Supported by nearly 300 corporate members, including Nashville-based and national health care companies, the Council serves as a trusted source for information on trends that influence the health care industry.
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