Is a partnership right for your hospital?

Partnership is a growing trend in the healthcare industry. In 2019, hospital merger and acquisition activity increased by 19 percent, according to a PricewaterhouseCoopers report. Various economic pressures push hospital leaders to consider forming relationships with other hospitals and organizations. There are other partnership options besides mergers and acquisitions. In some cases, it’s best to identify a partner that can provide the resources necessary for your hospital’s long-term sustainability. Jim Kendrick, CEO and President of Community Hospital Corporation, shares insights on hospital partnership trends.