Investing In Urgent Care: Trends And Developments To Watch
By Bart Walker, Tim Fry and Chris DeGrande (August 30, 2017, 2:03 PM EDT) -- There continues to be great interest in investing in urgent care. With the rise of narrow networks and increasing deductibles for employer-sponsored and federal insurance plans, patients are paying more attention to the costs of specific providers and models of care. At the same time, insurers and employee benefit plan sponsors continue to look for ways to drive patient volumes to lower-acuity (and lower-cost) settings. Urgent care providers have been a direct beneficiary of this shift toward consumer selection. IBIS World's February 2016 report states that the urgent care industry currently produces $16 billion in revenues, with revenues anticipated to increase at an annual rate of 3.9 percent annually to 2020. IBIS World specifically calls out consumer selection as well as primary care centers reaching capacity as factors that contribute to this growth....
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