Driving Purchased Services Savings after a Healthcare Merger or Acquisition
Counsel Mark Phillips authored an article for Healthcare Purchasing News titled “Driving Purchased Services Savings after a Healthcare Merger or Acquisition.”
While one of the first items a hospital system evaluates for cost savings after a merger or acquisition is outsourced purchased services, Phillips writes that changing purchased services vendors is often not an easy process that includes a number of complicating factors associated with change. However, if done correctly, it could be one of the most significant sources of enhanced efficiency and savings available to parties post-affiliation.
In his article, Phillips details key considerations for successor entities to consider when changing purchased services following a health care merger or acquisition.