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New Biden Executive Order Targets Hospital Mergers & Drug Pricing, Renews Antitrust Focus

Health Affairs This Week

New Biden Executive Order Targets Hospital Mergers & Drug Pricing, Renews Antitrust Focus

Listen to Health Affairs' Rob Lott and Jeff Byers go over the health care sections in the Biden administration's executive order on promoting competition in the US economy.
July 16, 2021

New Biden Executive Order Targets Hospital Mergers & Drug Pricing, Renews Antitrust Focus

Last week, the Biden Administration unveiled a sweeping executive order, focused on promoting competition in the US economy.

With Lina Khan as the new chairperson of the Federal Trade Commission, the administration is looking to increase its antitrust focus and potentially break up monopolies.

The new executive order contains 72 provisions, giving direction to multiple agencies on sectors such as agriculture, transportation, labor, and health care. In health care, the executive order focuses on drug pricing, hospital mergers and acquisitions, hospital pricing transparency, biosimilars, and comparison shopping for health plans.

Listen to Health Affairs’ Deputy Editor Rob Lott and Senior Content Marketing Manager Jeff Byers go over the health care sections in the Biden administration’s executive order on promoting competition in the US economy. They also discuss the hipster antitrust movement, the cost of hearing aids, and hospital deal trends since the implementation of the Affordable Care Act.

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