Name
Financial Operations Track: Financial Pressures: Trends in IDN Closings and Consolidations
Date & Time
Monday, April 12, 2021, 2:30 PM - 3:30 PM
Location Name
National Ballroom A
Description

Recently Becker’s Hospital Review reported more than 800 hospitals across the United States are currently at immediate or high risk of closure. With payments still coming in and expenses still being settled, it may take months into 2021 to know hospital’s 2020 margins. As a result, Hospitals and IDNs with strong balance sheets will look for merger and acquisition opportunities. What does this mean for local communities? How will supply chain leaders need to adjust with such rapid change? What can be learned from previous consolidations to assist in post-integration? This session will discuss the current landscape of Hospitals and IDNs nationwide and what to expect in 2021.

Learning Objectives:

1. Analyze current data on mergers and acquisitions as well as at-risk hospitals.
2. Compare mergers and acquisitions in recent years and discover the strategies they used.
3. Identify opportunities and advantages of increased scales a broader footprint as IDNs add facilities.