Mergers and affiliations: Slow down and analyze carefully before signing a deal
The changing regulatory and competitive landscape of the healthcare industry makes it tempting for physicians in independent practice to throw in the towel and join forces with a hospital or an affiliate group. When that temptation arises, it’s essential to vet potential merger opportunities thoroughly and move deliberately, according to an article in OncLive.
There’s no shortage of hospitals and similar large-scale healthcare institutions willing to vacuum up independent practices and the patients who come along with them. This makes it essential that physicians scope out the cultural and administrative setting into which a merger will put doctors, staff and patients, to make sure such an opportunity represents an appropriate fit, in addition to overcoming any legal hurdles.
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