Nashville, TN Market Overview

Nashville's diverse economy, low unemployment and low uninsured rates contribute to healthy growth commercial health plan enrollment, one of several positive trends for pharmaceutical sales in the market. Leading health systems and hospitals continue to expand, both through new facilities and through affiliation agreements with community hospitals in the broader middle Tennessee region. Meanwhile, consolidation among Nashville physicians is on the rise as leading health systems and hospitals acquire practices and smaller, independent groups band together. The market's dominant insurer is seeing increased competition from national carriers offering high-deductible health plans and other designs that reduce medical and prescription drug costs. Many Nashville employers self-insure and are receptive to initiatives that seek to reduce long-term costs through improved coordination of care, such as wellness programs and on-site clinics.