Becker's Healthcare November 12, 2019
Hospital administrators face ever-shifting and increasing demands as they work to ensure that patients receive high-quality care, while also reigning in costs. Many hospitals today look to mergers and acquisitions as a strategy to help tackle these demands. In fact, 90 hospital mergers and acquisitions were announced last year, according to a KaufmanHall article.
However, many acquisitions don’t perform as expected. A 2017 Deloitte study found that two years after an acquisition, acquired hospitals see a decline in operating margins and revenue. “So, what makes for a successful integration strategy?” asked Michael D. Brown, vice president of managed services at Cardinal Health, during an Oct. 24 webinar sponsored by Cardinal Health and hosted by Becker’s Hospital Review. “It really boils...
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