At the moment, our U.S. healthcare system is fragmented, which “adversely impacts quality, cost, and outcomes. Eliminating waste from unnecessary, unsafe care is crucial for improving quality and reducing costs-and making the system financially sustainable,” says The American Journal of Managed Care (AJMC).
In fact, according to Canaccord Genuity analyst Richard Close, as quoted by Fierce Healthcare, “Studies have shown the value of primary care through lower healthcare spending and improved health outcomes. But there has been an underinvestment in primary care in the U.S. compared to other developed countries and there is a shortage of primary care providers.”
That’s all beneficial news for primary care provider companies, such as Skylight Health Group Inc. (NASDAQ: SLHG) (TSXV: SLHG), Centene Corp. (NYSE: CNC), Humana Inc. (NYSE: HUM), Cano Health Inc. (NYSE: CANO), and Oak Street Health Inc. (NYSE: OSH).