Bakersfield February 10, 2019
One by one over the past month, local health-care providers changed hands: a radiology company, a chain of blood-testing clinics, a hospital.
They joined well-funded outside companies intent on piecing together health-care providers in Kern County and across the country. And while it’s true businesses can lower costs through the economies of scale that often come with mergers and acquisitions, there can be a host of reasons why these deals make financial sense for buyers and sellers alike.
Attractive purchase offers figure into some transactions, as do independents’ need for resources to compete in the expensive world of medical technology and regulation. Another big motivator that’s typically invisible to customers is a battle for...