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Compliance due diligence for a merger and acquisition [Compliance Today Article]
Mergers and acquisitions (M&As) have picked up in past years as healthcare organizations struggle with increasing market pressures.
Organizations pursuing consolidation seek to leverage economies of scale in order to reduce costs, gain a competitive advantage, and increase revenue. Recently, the number of health system transactions hit its highest level since this data started being collected in 2000.
While this trend shows little signs of slowing, hospitals and health systems are becoming more discerning both about who they partner with and how they integrate after a transaction. Policy and procedure management systems feature prominently at both of these critical junctures.
Here are 5 things to know about the role these systems play in the M&A process… [CLICK HERE TO READ MORE]
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Trusted by more than 3000 healthcare organizations, PolicyMedical is a leading provider of cloud-based enterprise-class healthcare regulatory compliance software solutions designed to reduce administrative burden and enhance patient safety. We were founded in 2001 with the vision to make people happy and healthy by reducing the stress, and anxiety related to policy, contract, vendor and employee management. Our customers include Dignity Health, Kindred Healthcare, Baylor Scott & White Health, Advocate Health Care and others. To learn more, contact us or get a free no-obligation demo to see PolicyManager in action.
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