In today’s health care landscape, consultants often advise independent hospitals to merge with a larger health system. The assumption is that a merger will make it easier to achieve economies of scale, develop a large but narrow network of preferably healthy patients, establish data registries, and integrate expensive technology. However, the evidence supporting mergers is uncertain at best. Our institution — Silver Cross Hospital in New Lenox, Illinois — is taking a different approach: pursuing partnerships.
Making Hospital Partnerships Work
Identify and shore up your weaknesses.
December 10, 2015