Power in Partnerships?
Community Hospitals Evaluate Relationships as a Pathway to Financial Viability
Community hospitals are desperately needed by the communities they serve. In addition to providing important healthcare services, a community hospital is often a leading employer and vital economic engine for a small town.
The financial strain to remain open has increased significantly for community hospitals. In some cases, it may be best to identify a partner that can provide the resources necessary for your hospital’s long-term sustainability. Whether through affiliation, management, corporate member substitution, lease or acquisition, pursuing a partner may make the most sense for the health and well-being of both the hospital and community.
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