Hospital acquisition or management contract: a theory of strategic choice.
Differences in the mission of the hospital and the multihospital system are key elements underlying the development of a management contract. Preliminary analysis suggests that the number of potential new acquisitions is severely limited, that contract management is not a stepping stone to acquisition, and that many recent management contracts appear to be attempts to overcome problems beyond the hospital's and the contractor's direct control.
Morrisey
M A
MA
Hospital Research and Educational Trust, Chicago, Illinois.
Alexander
J A
JA
D003284:Contract Services; D003657:Decision Making; D005376:Financial Management; D006268:Health Facilities; D006273:Health Facility Merger; D006777:Hospitals, Proprietary / Q000458:organization & administration; D006788:Hospitals, Voluntary / Q000458:organization & administration; D009096:Multi-Institutional Systems / Q000458:organization & administration; D009874:Operations Research; D009937:Organizational Objectives; D014481:United States