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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