When two become one – Understanding the ins and outs of physician practice consolidation
Abstract: Recently projected trends in health care provider reimbursement and regulation will likely motivate practice consolidations. This is a solution midway between hospital employment and total independence in a small group practice. But it’s best pursued through a strategic planning process that follows a natural sequence of phases. This article discusses how to get started, develop a timetable, and implement the merger. A sidebar looks at alternatives to consolidation.