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Why Healthcare Data Needs To Be A Priority During Hospital Mergers And Acquisitions
Forbes October 8, 2024
Brian Foy, Chief Product Officer at Q-Centrix.
Mergers and acquisitions (M&As) are highly prevalent in the healthcare industry—a trend that will likely continue into the foreseeable future. The first half of 2024 saw 31 announced hospital M&As, and the second half of the year is expected to see even more.
M&As create massive changes for hospitals, impacting everything from policies to organizational culture. But there’s one critical M&A impact that doesn’t always receive the attention it deserves—clinical data.
M&As pose massive security risks for healthcare organizations. A hospital’s risk for a data breach doubles in the year before and after a merger. Additionally, merging data systems across facilities is highly complex. Without extensive planning, hospitals may experience significant workflow disruptions,...
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