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This health-care trend could make your hospital stay $2,000 more expensive

May 13, 2016 at 2:48 p.m. EDT
Federal Trade Commission chairwoman Edith Ramirez is concerned that consolidation in health care is driving up prices for consumers.  (Photo by Nikki Kahn/The Washington Post)

Consolidation in the health-care industry is accelerating and has helped drive up prices in parts of the country, Edith Ramirez, chair of the Federal Trade Commission, said in a speech Friday.

“I remain very concerned about the rapid rate of consolidation among health-care providers,” Ramirez said.

Last year, the number of hospital mergers increased 18 percent compared with the previous year, she said. In areas where there is a hospital monopoly, prices are 15 percent higher than those in areas with four or more competitors, and the average in-patient stay in those places is almost $2,000 higher, Ramirez said.