Columbia, S.C.-Area Health Systems Poised to Expand Despite High Unemployment and Uninsured Rates

NASHVILLE, Tenn., Aug. 12 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that despite the state's high unemployment rate and an increasing number of uninsured residents in the Columbia, S.C. market, health systems will likely expand over the coming 12 months. According to the recent Columbia Market Overview, Palmetto Health, Lexington Medical Center and Sisters of Charity Providence Hospitals have brokered a deal that should allow each to expand services and facilities free from the presence of drawn-out certificate-of-need appeals.

The report also finds that Columbia health systems will place an emphasis on physician group acquisition. In addition, providers in the market are gravitating toward coordinated care models of patient care that could provide opportunities for revenue enhancements.

"One of the systems, Palmetto Health, is already adopting greater use of coordinated care," says Jenny Kerr, market analyst with HealthLeaders-InterStudy. "The system is participating in a medical home pilot project through its residency program with the University of South Carolina School of Medicine and separately has formed an accountable care organization for its physicians. With increased insurer attention on cost containment and quality-of-care initiatives, such developments are likely to grow in popularity and present an opportunity for systems to enhance revenue."

In addition to providing detailed analysis of how health systems are poised to expand, the Columbia Market Overview provides local-level insights about:

• The Columbia physician sector, which has seen a decreasing pool of independent physicians.
• Health plans and their response to employer demand for lower-cost options.
• Medicaid-related developments, including the tax increase on cigarettes to help stabilize the program.
• Pharmaceutical manufacturers and how their drug sales may be affected by the trend of patients being pushed to use generic drugs.

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.

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 www.HL-ISY.com.

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 www.DecisionResourcesInc.com.

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

SOURCE HealthLeaders-InterStudy

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