Forbes October 22, 2020
Reduced demand for lucrative elective procedures is forcing hospital systems to merge or partner up to augment other services that have boomed during the pandemic.
By Sydney Halleman
Hospital systems are turning to joint ventures and other types of partnerships to add high-demand services quickly and efficiently.
Telehealth, home health and out-patient services, which have increased in popularity as patients look to avoid in-patient hospital care, are in particular demand, industry experts say.
“You may have capabilities, you have the technology, you may have the machinery, access to medicines and everything else,” says Anu Singh, managing director of healthcare consultant Kaufman Hall. “But do [hospital systems] have the actual staff to operate in that environment? If you...
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