A merger is not for everyone. Some physicians do not want to lose the degree of autonomy required by a merger. Other physicians do not want to contribute all of the financial and human capital needed to make a merger work.
The decision as to whether and how to integrate should be based on an assessment of the relevant market, the capabilities and compatibility of the participants, and the business prospects of the combined entity.
Recent groundbreaking changes in health care policy and reimbursement methodologies are providing new, and often compelling, reasons for physicians to work in much closer collaboration than in the past. In his 2004 State of the Union Address, President George W. Bush announced a federal policy to ensure that most Americans…
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