Hospitals leaders share their tips for creating alignment after completing a merger or acquisition.
For CEOs, the work on a merger doesn't stop the moment a deal is closed. Post-merger, leadership must integrate hospitals, cultures, operations, and systems to deliver on the value of the move.
In HealthLeaders' The Winning Edge for Transforming Through M&A, Aspirus Health CEO Matt Heywood and University Health CEO Ed Banos outlined steps for organizations to take in the wake of a merger.
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Jay Asser is the CEO editor for HealthLeaders.
KEY TAKEAWAYS
Following integration, hospital and health systems CEOs should be setting the tone for the merged entity's future by setting expectations, fostering culture, effectively communicating, and improving technologies.