Partner Roger Strode was quoted in a RevCycleIntelligence
article, “When Should Providers Consider a Strategic Hospital Acquisition?
” about the dangers of waiting too long to consider a strategic hospital acquisition that could benefit your facility and the health of your community.
Strode said many small hospitals mistakenly view remaining independent as a show of strength. “Long-term, that’s worse for their patients and for their communities,” he said. “They wait until they are running out of cash and they start looking like the Alamo. You don’t want to be in a position where Santa Anna’s army is completely surrounding you at that point. You really want to be in a position of strength when you negotiate with these systems.”