Plan to Succeed: Safeguard Patient Revenue During Consolidation

By Bird Blitch, Patientco CEO

The following article appeared in Becker’s Hospital Review. To view the original article, click here.

Rising consolidation in the healthcare industry is a reality to support the push toward patient-centric, value-based care.

In fact, according to a recent KPMG survey, 84 percent of respondents predicted the healthcare industry will experience the highest rates of mergers and acquisitions in 2015. While merging of technologies, staff, finances and company cultures can be tricky, it’s just a matter of knowing where to look for smart ideas that can ease the transition and capitalize on new collaborative opportunities.

When it comes to merging organizations and their revenue streams and financial strategies, look to other industries for innovators like Amazon as a shining example of an organization that successfully provides both businesses and consumers with convenience and a high-quality experience that satisfies everyone involved.

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