Mergers in Healthcare: Why Payers and Providing Organizations Are Merging with Himachal Mukhopadhyay
The reason for mergers
According to Himachal Mukhopadhyay2, the reason for mergers isn’t quite so black and white. There are a number of different reasons - all of varying levels of complexity - why mergers happen and why payers and providers are willing to merge. For starters, smaller hospitals as well as non-profit organizations actively seek out mergers in order to survive in an ever-tougher and more expensive industry market. Many nonprofits are actually reducing less profitable services and expanding on more profitable ones in order to stay afloat. According to Himachal Mukhopadhyay, mergers are one way of ensuring that these smaller establishments stay open, especially during tough times. Mergers provide hospitals with more current technology and infrastructure, and ensure that they have access to more readily available medicines.
Another reason for mergers has to do with the new emerging model of healthcare. Himachal Mukhopadhyay states3 that because of dwindling government reimbursements and having to cover uninsured patient expenses, hospitals are being forced to look for alternative ways of affording and managing quality care. Mergers are one way in which these hospitals can afford it while also giving them breathing room to experiment with new forms of healthcare which ultimately might lower costs across the board. It’s expected that this trend will continue and that payers and providers will continue to merge in order to build comprehensive care organisations.
Mergers are also a way for hospitals to shoulder the burden of financial risks on behalf of patients. This means that patients will have greater and broader access to healthcare and that both payers and providers will be able to continue providing quality healthcare to communities.
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1 https://www.einpresswire.com/article/480291349/tips-for-improving-your-soccer-game-with-himachal-mukhopadhyay
2 https://himachalmukhopadhyay.co/mergers-in-healthcare-how-the-merging-of-healthcare-payers-and-providers-is-affecting-the-quality-of-care-with-himachal-mukhopadhyay/
3 https://www.einpresswire.com/article/479271832/understanding-cricket-from-a-baseball-perspective-with-himachal-mukhopadhyay