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Syracuse, NY Market Overview
HealthLeaders Interstudy, December 2011, Pages: 50
The complexion of the Syracuse healthcare market is poised to change with the pending merger of Upstate University Hospital and Community General Hospital and recent acquisitions of physician groups by two health systems. Employment of physicians is likely to accelerate as health systems strive to protect their referral bases. As double-digit premium increases continue into 2011 despite resumption of prior approval by the state, employers are shifting a larger portion of health insurance cost to employees. Leading health insurers in the Syracuse area are pushing new health plan designs to emphasize wellness or to provide a bridge between copay plans and high-deductible plans. Layoffs of state employees are likely because of a state budget crisis. In 2010, a regional health information exchange is scheduled to begin enabling hospitals to exchange patient data with five physician groups in a pilot project.
Questions Answered In This Report
Consolidation in the Syracuse hospital market is moderate, but it will increase after an upcoming merger of two hospitals. Who will become the largest health system after Upstate University Hospital completes the planned acquisition of Community General Hospital? What health system ended merger discussions with Community General Hospital in May 2010? Which health system has started a major, five-year expansion project?
Local physicians in the Syracuse market are jockeying for alignment with hospitals after two local health systems recently made deals to acquire physician groups. Which physician group did Crouse Hospital acquire? Which physician group agreed to be acquired by St. Joseph's Hospital Health Center? When is a regional health information exchange scheduled to connect to give local physician groups?
New York state insurance officials are once again reviewing insurance rate hikes for small group and individual products because of a new 2010 law. Other new state laws prohibit state-regulated health plans from creating specialty drug tiers and require insurers to give 90 days notice when discontinuing health plans. What impact did the new state prior-approval law have on Excellus BlueCross BlueShield, the market leader in Syracuse? What is the medical loss ratio required in New York because of a new state law? What health insurance carrier has introduced a catastrophic plan with a pre-deductible amount?
Key market indicators and leading organizations among health systems, physicians and health plans, Health systems' market share, Income, revenue, enrollment and pharmacy spend for leading health plans, Demographics
Syracuse, which includes the counties of Onondaga, Oswego and Madison.
Analysis of HealthLeaders-InterStudy data, Billian's HealthDATA, local and state news and industry reports and interviews with local healthcare executives
Health Systems & Hospital
Demographics & Statistics
- Business Council of New York State
- CenterState Corporation for Economic Opportunity
- Crouse Hospital
- Health Advancement Collaborative of Central New York
- Health Alliance Physicians PC
- St. Joseph's Hospital Health Center
- The Lifetime Healthcare Cos. (Excellus Blue Cross Blue Shield)
- UnitedHealth Group
- University Medical Associates at Syracuse
- Upstate University Health System
- WellPoint (Empire Blue Cross Blue Shield)