Currently, healthcare organizations are focused on getting back in the black, and have deferred M&A deals they would have approved in the past.
In a changing healthcare market, scale alone is not the answer for sustainable growth. They are focusing on adjusting their workforce to today’s economic realities and taking costs out of the system to improve the bottom line.
“Today, deals have to be very strategic, with a clear rationale—to extend your market reach, firm up your ability to care for your community, and take on some sort of premium risk,” said Grant Thornton Healthcare Advisory Managing Director John Summerlin. “Scale isn’t the only driver now.” Read more.
