We’re thrilled to see our Chief Growth Officer, Zachary Phillips, featured in MedCity News with insights on how to ‘Prioritize Provider Data for Seamless M&A Success.’
“When it comes to mergers and acquisitions (M&As), they tend to mesh in one of two ways: Oil and water or peanut butter and jelly. When organizing the merger of health systems, more mesh equals less mess. However, M&As can be incredibly complex, with cultural, workflow, financial, and technological factors coming into play. There’s a lot more that goes into determining if an M&A makes sense beyond an agreed-upon price. Will it improve care for patients? Will more patients have better access to care? Will it drive more revenue? These are just a few of the questions that are considered ad nauseam before a CEO signs on the dotted line.
Amid these complexities, one crucial element often gets overlooked — provider data. Health systems preparing for an M&A, or even those not immediately considering one, must prioritize a robust workforce data strategy. This approach is essential for navigating today’s increasingly frequent healthcare consolidations. A recent Kaufman Hall report reveals that healthcare M&As are at a seven-year high, making now the time to assess and refine how provider data is managed.”
Learn more about why prioritizing provider data is key to seamless M&A success by reading the full article here.
