If you can't beat 'em... As more not-for-profit and for-profit hospitals consider joint ventures, navigating hidden benefits and pitfalls is key to success.
Joint ventures between not-for-profit and for-profit hospitals are becoming more popular. Denny Shelton, left, chairman and CEO of Triad Hospitals, says joint ventures offer Triad its greatest source of potential growth. Triad brings the capital and the not-for-profit brings the history and the brand name, he says.
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D003159:Community-Institutional Relations; D003659:Decision Making, Organizational; D006777:Hospitals, Proprietary / Q000458:organization & administration*; D006788:Hospitals, Voluntary / Q000458:organization & administration*; D009042:Motivation; D009096:Multi-Institutional Systems / Q000458:organization & administration; D009935:Organizational Affiliation / Q000191:economics; D019464:Tax Exemption; D014481:United States