BUSI 700 - Week 1 - Assignment 1.docx

BUSI 700 - Week 1 - Assignment 1.docx - Running Head...

This preview shows page 1 - 3 out of 6 pages.

Running Head: MERGERS & ACQUISITIONS IN THE HEALTHCARE INDUSTRY: LOOKING AHEAD 1 Mergers & Acquisitions in the Healthcare Industry: Looking ahead Liberty University BUSI 700-D06: Doctor of Business Administration Orientation March 31, 2019 Abstract
Image of page 1

Subscribe to view the full document.

Running Head: MERGERS & ACQUISITIONS IN THE HEALTHCARE INDUSTRY: LOOKING AHEAD 2 Mergers and Acquisitions (M&A) is not a new way of thinking or doing business for the healthcare industry. “It has started making its presence felt as early as the latter part of the 1800s, and the increasing competitiveness in the global business landscape was largely instrumental in its widespread application” [Ana16]. M&A is often approached as simply a financial methodology to grow the bottom-line by capitalizing on eliminating redundancies. We know more of M&A failures where the result costed more than planned, instead of successes in merging the operations and collectively creating a stronger business that serves a bigger purpose. We often wonder why this takes place when there are so many studies conducted, several bright minds involved, and money at risk. In my opinion, we miss one of the most critical factors when conducting an M&A activity, and that comes from the gospel, Luke 9:24-25 “For whoever desires to save his life will lose it, but whoever loses his life for My sake will save it. For what profit is it to a man if he gains the whole world and is himself destroyed or lost.” [Luk06]. Following, I will discuss how an M&A activity in the healthcare industry, following the Christian principles can lead to extraordinary results, focusing on delivery care to those in need and not just chasing profits. Healthcare’s current state Most would agree that the mission of a health care provider is to provide the proper patient care at an affordable cost and when cost is an issue then that care shall be provided free of charge. There are two types of hospitals; safety-net and non-safety-net ones. The former plays a critical role in delivering care to low-income and vulnerable populations [NaE18]. Meanwhile, the non-safety-net hospitals try to maintain a healthier bottom-line, reducing the number of uninsured patients they accept, as well as better managing those who might have higher potential complications which could add significant costs. It all has become a profit game where the
Image of page 2
Image of page 3
  • Winter '16
  • Health care provider

{[ snackBarMessage ]}

Get FREE access by uploading your study materials

Upload your study materials now and get free access to over 25 million documents.

Upload now for FREE access Or pay now for instant access
Christopher Reinemann
"Before using Course Hero my grade was at 78%. By the end of the semester my grade was at 90%. I could not have done it without all the class material I found."
— Christopher R., University of Rhode Island '15, Course Hero Intern

Ask a question for free

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern