The health system said the name change is part of an effort to rebrand as "a more consumer-centric, connected, and identifiable national system of care," in today's bite-sized hospital and health industry news from Florida, Illinois, South Dakota, and Wisconsin.
Behind the flurry of M&A in recent years, a deeper trend of hospital integration is underway: the emergence of alternative partnerships that secure many of the same benefits of M&A without the financial and legal commitment: Clinical affiliation, regional collaborative, accountable care organization, and clinically integrated network.
This guide defines these types of partnerships and offers benefits, drawbacks, and examples of organizations in each.
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