MedCity News May 11, 2022
Paula Cottrell

Leaders should be proactive about investing in IT to avoid costly issues in the future. Examine existing technology for potential risks and redundancies, assess system performance, and establish forward-looking goals and benchmarks.

There are several factors for a healthcare executive to consider while pursuing a merger.

When bringing two healthcare organizations together, leaders usually focus on integrating operations, establishing a cohesive culture and addressing critical strategic concerns. Often, healthcare IT budgets can take a backseat to more pressing issues. Unfortunately, overlooking this key component can contribute to adverse downstream effects, such as paying significantly more to fix healthcare IT obstacles that arise in the long term.

For example, when a deal is finalized, a consolidated healthcare organization can inherit legacy...

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Topics: Health IT, Health System / Hospital, Mergers & Acquisitions / JV, Provider, Technology, Trends
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