The new wisdom: collaborate with the competition.
Potential benefits for hospitals of collaborating with their competition include: Improved quality. Elimination of administrative redundancy. Improved ability to attract talent. Greater access to resources for small and rural hospitals. Greater purchasing power through economies of scale.
Morgan
Tim
T
B.E. Smith, Lenexa, Kansas, USA. tmorgan@besmith.com
Bultje
Willis
W
D003299:Cooperative Behavior; D004465:Economic Competition; D017598:Efficiency, Organizational; D005377:Financial Management, Hospital / Q000458:organization & administration*; D006275:Health Facility Planning; D006739:Hospital Administration / Q000379:methods*; D006755:Hospital Shared Services