4 ms·

I recently realized that hospitals in the US are for profit. So probably, the mergers do increase returns for investors? Which was probably the goal of the merg

I recently realized that hospitals in the US are for profit. So probably, the mergers do increase returns for investors? Which was probably the goal of the merger anyway.

snarf21 7y ago
Right and this is true for all the other mega-mergers. It doesn't improve quality or lower costs or any of the other lies the companies promise the SEC. It does increase shareholder value and cut jobs.
chapium 7y ago
Reduce management overhead and align merged facilities with cookie cutter standards. Ironically a lot of merged systems keep their previous IT infrastructure, so it becomes a big interfacing job rather than standardization.