title: The new wisdom: collaborate with the competition.
abstract: 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.
authors.affiliation: B.E. Smith, Lenexa, Kansas, USA. tmorgan@besmith.com
authors.forename: Tim
authors.initials: T
authors.lastname: Morgan
authors.forename: Willis
authors.initials: W
authors.lastname: Bultje
mesh_terms: 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