Long-term care hospitals were the most likely to be acquired, while psychiatric and "other" hospitals were the least likely. (theispot.com/Harry Campbell)

Industry leaders believe transparency and competition are important factors in improving the quality and affordability of health care. Information released publicly for the first time this week is expected to shed light on the consolidation of hospital ownership.

The Centers for Medicare & Medicaid Services on Wednesday released data about mergers, acquisitions, consolidations and changes of ownership from 2016 to 2022 for hospitals and nursing homes enrolled in Medicare. The U.S. Department of Health and Human Services also is issuing a related report using this data to examine trends in changes of ownership over the past six years.

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