Walt Cartin and Will Thomas wrote in several of South Carolina's leading business magazines about the latest trends in the health care industry.
"In the next several years, South Carolina's health care industry could see increased activity from private equity investors," they wrote. "That projection follows from a momentous change in state law that Governor Henry McMaster signed in May, as well as the continuation of economic trends that are making it easier, relatively speaking, for private equity firms to close deals. The state is also working to increase availability of services that have been underfunded in the past, including behavioral health."
"Those are just a few of the biggest developments currently shaping the health care industry in South Carolina," they continued. "Every corner of the industry may ultimately be touched by the State Health Facility Licensure Act (Act No. 20), which sunsets the state's Certificate of Need (CON) program by January 2027. Critics claim the CON program had made opening a variety of health care facilities expensive, adversarial, and slow. But the reform could have its own complications, and market forces could impact many physicians' ability to offer new services."
Click here to read their article in Columbia Business Monthly: The Biggest Forces Shaping South Carolina’s Health Care Industry Right Now
The article also published in Greenville Business Magazine and Charleston Business Magazine, which are part of the same family of business publications.
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