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by alephnerd
725 days ago
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> why would a hospital system choose to grow for instance? where would the $$ come from to buy other ones Not all networks are for-profit. By merging into larger networks, you allow hospital networks to consolidate the very expensive back-office processes like billing, insurance, IT, procurement, staffing, etc. All the intermediate "glue" needed for medical care has grown expensive due to either compliance or general profiteering, which forced consolidation in order to leverage economies of scale. This is why both for-profit and non-profit networks have been increasingly merging. |
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