Making the right decisions in a consolidating market.
Market forces may lead to increased consolidation in the healthcare industry, creating both opportunities and challenges. Opportunities for small hospitals and health systems include partnering with stronger organizations, while for larger organizations, acquiring potentially undervalued hospitals can yield the benefits associated with increased size and scale. Potential barriers to success arise in three areas-strategy, finance, and operations. Healthcare executives must understand and be willing to fully address these challenges.
Kaufman
Kenneth
K
Kaufman, Hall & Associates, Inc., Skokie, IL, USA. kkaufman@kaufmanhall.com
Grube
Mark E
ME
D003657:Decision Making; D006273:Health Facility Merger / Q000191:economics; D009935:Organizational Affiliation; D014481:United States