Key Takeaways
•Planning and coordination
•Economies of scale
•It’s not just hospitals
•Centralization
Bayhealth Medical Center
•Economies of scale improve care at lower cost
•Merger of equals philosophy benefits the whole
•Regional size and strength supports independence
•Cohesive development improves service lines
Baylor Health Care System
•Coordinated process strengthens inpatient,
outpatient elements
•Acquisitions help spread fixed corporate costs
•Operating company model enhances unity
•Cultural fit and physician alignment essential to
success
North Shore-LIJ
•Desirable market aids strategic growth and scale
•Deep financial review reveals underlying strengths
•Growing (not cutting) staff enhances throughput,
efficiency
•Deliberate “go-to-them” approach helps clinician
integration
Novant Health
•Partnering from a position of strength enables
selectivity
•Similar organizational priorities and cultures
important
•Investing in the acquisition generates support
•Don’t let it evolve; act to create a single culture