Navigation Links
The Nation's Leading Health Care Strategy Firm Launches Post-Merger Integration Practice
Date:4/5/2009

Health Strategies & Solutions, Inc. (HS&S), has announced the formation of a Post-Merger Integration and Restructuring Practice. The new practice will focus on helping hospitals and systems with the many challenges posed by increasing financial pressures and the consolidating health care market.

Philadelphia, PA (PRWEB) April 5, 2009 -- Health Strategies & Solutions, Inc. (HS&S), the nation's leading health care strategy firm, has announced the formation of a Post-Merger Integration and Restructuring Practice. The new practice will focus on helping hospitals and systems with the many challenges posed by increasing financial pressures and the consolidating health care market.

According to HS&S President Alan Zuckerman, "We're seeing another wave of health care provider consolidation emerging across the country. As the number of financially fragile hospitals and systems increases, hospitals and systems are moving into two categories--a relatively small group of the 'haves' and a large and growing group of the 'have nots'." Zuckerman said, "It's clear that many of the 'have nots' will be unable to survive over the long haul. They simply don't have the capital reserves and resources to ride out the current financial storm, and will need to seek shelter."

The new services offered by HS&S are designed to help organizations that are evaluating merger opportunities and those that are in the process of merging or have already merged and are trying to realize anticipated revenue and expense benefits and improved patient care.

Keith Pryor, one of the HS&S post-merger practice leaders, notes that bringing together providers into a newly merged organization creates vast change management and cultural issues for health care leaders as well as other dilemmas. "Financial circumstances, understandably, are the key drivers of mergers and consolidations, but in service industries, like health care, you have to pay close attention to how the missions and organizational cultures of the merging organizations are impacted. Add to the mix issues such as organization and board structures, service line reconfiguration, and medical staff concerns, and many organizations feel overwhelmed about how to make mergers work," Pryor said.

Health Strategies & Solutions Post-Merger Integration and Restructuring Practice is led by a team of senior strategists--Keith Pryor, Peter McGinn, Sam Steinberg, and Alan Zuckerman--who have extensive experience leading and providing direction to hospitals and systems undergoing significant change. According to Zuckerman, "We each have over 25 years of experience as health care executives and consultants. We've been in the trenches at organizations that must make difficult decisions about how to best meet community needs, manage the day-to-day demands of a complex organization, and then plan for the future. It's multitasking at a very high level. Our post-merger services are designed to help organizations that need support and direction with managing all of these challenges while building high-performing health systems."

About Health Strategies & Solutions, Inc.

Health Strategies & Solutions, Inc., is a leading independent health care strategy firm providing planning and strategy services to community hospitals, academic medical centers, physician practices, large health systems, and specialty hospitals across the country. Additional information on the firm is available at http://www.hss-inc.com.

# # #

Read the full story at http://www.prweb.com/releases/2009/04/prweb2299124.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related medicine news :

1. Nation's Leading Food Services Provider Chooses PureWellness to Drive Corporate Wellness Program
2. Nation's Top Healthcare Organizations Announce Strategies to Prevent Deadly Healthcare-Associated Infections : Strategies emphasize practical implementation in acute healthcare settings
3. 2008 HIMSS Davies Awards: Nation's Outstanding Healthcare Organizations Recognized
4. Caring.com and Alzheimer's Association Use Social Media to Help Spread Awareness for the Nation's Sixth Leading Cause of Death
5. EnovateIT Partners with CareTech Solutions to Create a Custom Product for Crittenton Hospital Medical Center, One of the Nation's Most Wired Hospitals
6. The Nation's First Federally Certified Patient Safety Organization Chooses Quantros Patient Safety Organization Manager
7. Stimulus Spending Targets Modernization of the Nation's Research Infrastructure
8. NorthShore University HealthSystem Named One of the Nation's Top 100 Hospitals by Thomson Reuters
9. The ScottCare Corporation Completes Acquisition of Rozinn Electronics, a Leading Manufacturer of Cardiac Diagnostic Products
10. Omnicom Acquires Leading Healthcare Marketing Communications Firm in China
11. Leading Child Abuse Center Releases Back to School Tips to Protect Children From Internet Predators
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/2/2016)... ... May 02, 2016 , ... Zitter Health Insights , ... Satisfaction Award that will recognize specialty pharmacies for their achievements in customer satisfaction. ... Specialty Pharmacy Patient Satisfaction Survey compiled throughout 2016. Results will be published in ...
(Date:5/2/2016)... ... May 02, 2016 , ... ... major organs, such as the kidneys, liver and pancreas. If not properly addressed, ... a board-certified physician in Internal Medicine, Medical Oncology and Palliative Care, warns against ...
(Date:5/2/2016)... ... May 02, 2016 , ... ... commonly used prescription medications, including anxiolytics, painkillers, antidepressants and cholesterol-lowering drugs, may ... Novus Medical Detox Center —a leading Florida-based drug treatment facility—advises patients to ...
(Date:5/2/2016)... MA (PRWEB) , ... May 02, 2016 , ... Pregnancy ... tips when trying to conceive. , “If you are ready to have ... Mache Seibel. “My book, HealthChequesTM: Journal Babies is your Personal Conception & Pregnancy ...
(Date:5/2/2016)... ... May 02, 2016 , ... TeleMedCo™, ... facilities designed to automate and improve the rapid diagnosis, triage and admission of ... their platform, application, and mobile experience for the first time at GENBAND’s Perspectives16 ...
Breaking Medicine News(10 mins):
(Date:4/28/2016)... Research and Markets has announced the addition ... report to their offering.      (Logo: ... plastic surgery products market is expected to grow at ... ,The growing adoption of laser in aesthetics is another ... Lasers are used to treat a broad range of ...
(Date:4/28/2016)... April 28, 2016 Treato ... on healthcare, announced today that it has been named ... Cool Vendor in Life Sciences, 2016, Stephen ...  The report focuses on life-science- oriented analytics, algorithms and ... patients and doctors, confirm medication ingestion, and analyze unstructured ...
(Date:4/28/2016)... N.J. , April 28, 2016   Acsis ... today announced that leading IT market research and advisory ... " in the IDC MarketScape: Worldwide Pharmaceutical Track and ... 2016).  The report provides an assessment of the capabilities ... track and trace software market. Logo - ...
Breaking Medicine Technology: