Impact of Mergers and Acquisitions on the Health Care Workforce
Workers in health care, because of the conversion of health care into a commercialized business in many respects, have found themselves exposed to the same opportunities and problems that face workers in the rest of the working world. Because of the fact that certain types of health care workers are in high demand, many of these workers will quickly switch jobs and be more likely to expose the organizations to staffing shortages unexpectedly. Additionally, from the viewpoint of the employers, mergers and acquisitions often create massive layoffs or pay cuts, due once again to the view of health care as a business rather than public service (Ginsburg, 1996).
Also, the bottom line to consider, in addition to all of the affects on the health care workforce, is the impact that the workers pass along to the patients.
Impact of Mergers and Acquisitions on the Patients
Patients may be the hardest hit by the mergers and acquisitions that have become commonplace in health care worldwide in recent years; for example, staffing cuts in the interest of profitability often cause patients to receive less attention and care than they would in a fully staffed facility. As was mentioned earlier in this paper, this often has irreversible effects on the patients due to the nature of health care as...
Mergers and Acquisitions The most recent worldwide economic meltdown that began in 2007 decimated the auto industry. Chrysler and GM were two of the 'big three' that did not escape without filing bankruptcy and restructuring; shedding thousands of jobs and debts in the process. Ford managed to escape this fate and the accompany government take-over but also suffered tremendous loss in terms of sales and employees. At the height of the
Mergers and Acquisitions on Health Care The focus of mergers of health care delivery system is to accentuate the efficiency and profitability of medical practices while dealing with the sweeping changes to the nation's health care delivery system. This paper highlights some of the corporate governance consequences arising from hospital and healthcare system mergers, joint ventures and acquisitions. Health care mergers, together with mergers of hospitals and other health care
Mergers and Acquisition Company Acquisition As a CEO, you are trying to acquire a foreign firm. The size of your firm will double and it will become the largest in your industry. What does your firm do and what does the foreign firm you are trying to acquire do? Where are the firms based? look company is a major company in Ohio Columbus in the U.S. And specializes is the sale of all
Health Care Finance One of the things people should know is that the landscape for health care is not good at present, especially in the not-for-profit sector. We are definitely running a not-for-profit health care institution here at VGH. Consider the Moody's Outlook for 2012, which is currently negative. There are a number of challenges that institutions like ours face, and will be explained in this article. Hospital revenue growth for the
Similarly, the simple fact is that with a merger nothing remains static forever -- growth cannot occur unless flexibility occurs. Some flexibility is required here, and there may be times when transfers will need to be solidified. Technology In most cases, systems and technology will improve based on greater efficiencies. However, it is also likely that basic input and programs will require change and flexibility as well -- what two companies use
This is also an individually focused discipline, which relates to the development of critical thinking skills. The third and fourth disciplines are interpersonal, collective paradigms. The Shared Vision discipline refers to a commitment within a group or organizational setting, in which a mutual purpose is developed. Team Learning focuses on group interaction, with high importance placed upon communication techniques through which collective thinking and learning are transformed. The final
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now