Verified Document

Mergers And Acquisitions In Health Term Paper

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...

As one source so aptly put it, when discussing health care as a business, the desire for profits may be one of the most lethal diseases of all, very contagious, and extremely hard to cure (Levins, 2000).
Conclusion

Overall, research has shown that when health care becomes a business rather than a public service, there are some negative effects, and in fairness some positive ones. In closing, perhaps the most important thought to take away from this research is that health care organizations, while having to be profit conscious as a matter of necessity, must not forget the human element of what they are doing to avoid catastrophe.

References

Ginsburg, C. (1996, November 18). The Patient as Profit Center: Hospital Inc. Comes to Town. The Nation, 263, 18+. Retrieved January 18, 2007, from Questia database: http://www.questia.com/PM.qst?a=o&d=5002274395

Levins, R. (2000, September). Is Capitalism a Disease? The Crisis in U.S. Public Health. Monthly Review, 52, 8. Retrieved January 18, 2007, from Questia database: http://www.questia.com/PM.qst?a=o&d=5002365863

Singer, P.A. (2002, May). Rx for Reform. Foreign Policy 76+. Retrieved January 18, 2007, from Questia database: http://www.questia.com/PM.qst?a=o&d=5000749779

Mergers and Acquisitions

Sources used in this document:
References

Ginsburg, C. (1996, November 18). The Patient as Profit Center: Hospital Inc. Comes to Town. The Nation, 263, 18+. Retrieved January 18, 2007, from Questia database: http://www.questia.com/PM.qst?a=o&d=5002274395

Levins, R. (2000, September). Is Capitalism a Disease? The Crisis in U.S. Public Health. Monthly Review, 52, 8. Retrieved January 18, 2007, from Questia database: http://www.questia.com/PM.qst?a=o&d=5002365863

Singer, P.A. (2002, May). Rx for Reform. Foreign Policy 76+. Retrieved January 18, 2007, from Questia database: http://www.questia.com/PM.qst?a=o&d=5000749779

Mergers and Acquisitions
Cite this Document:
Copy Bibliography Citation

Related Documents

Mergers and Acquisitions the Most Recent Worldwide
Words: 4347 Length: 11 Document Type: Essay

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
Words: 864 Length: 2 Document Type: Term Paper

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
Words: 1160 Length: 4 Document Type: Essay

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
Words: 606 Length: 2 Document Type: Case Study

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

Mergers and Acquisitions Organizational Culture
Words: 2466 Length: 7 Document Type: Term Paper

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

Healthcare Management Many Elements Are
Words: 2037 Length: 6 Document Type: Term Paper

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

Sign Up for Unlimited Study Help

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