HealthLeaders Media August 15, 2018
Mergers and acquisitions continue at a strong pace as hospitals find it increasingly difficult to survive on their own.
The changing face of healthcare is making it difficult for hospitals to make it on their own, with many actively looking for partners who can make them part of a larger organization.
St. Joseph’s Health in New Jersey is one of the latest to go looking for a partner, motivated by previous mergers in the state that made it more difficult for smaller or stand-alone hospitals to compete without increased leverage with insurers and greater economies of scale.
St. Joseph’s announced recently that it is actively seeking a suitor that will allow it to remain true to its Catholic heritage...