Policy management and M&As: 5 things to know [Becker’s Healthcare]

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]

ABOUT BECKER’S HEALTHCARE

Becker’s Healthcare is the leading source of cutting-edge business and legal information for healthcare industry leaders. Each of their 12 annual issues of Becker’s Hospital Review reaches a qualified audience of approximately 18,500 healthcare leaders.

ABOUT POLICYMEDICAL

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.

About the author

Anna Tannas

Anna has over four years of experience in marketing, writing relevant content and creating branded campaigns for clients ranging from the tech to the food industry. She loves creating interesting and valuable content for PolicyMedical readers and lending a creative eye to the PM design team. Anna currently resides in Toronto and is actively trying to convince her boyfriend to adopt a dog. If you’d like to reach her you can send her an email at anna@policymedical.com.