Healthcare Organizations Merge to Save $4 million
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Overview: Healthcare reform is the hot topic right now, but other legislation frequently goes into effect that impacts healthcare organizations. For example, the Stark IV regulation states that healthcare organizations cannot refer patients to ancillary services owned by the same organization.
This posed a threat to Carle Foundation Hospital and Carle Clinic Association because they both operated as unique entities but relied heavily on each other.
Learn how Carle Hospital and Carle Clinic successfully completed a system merger and saved $4 million by standardizing products, merging service agreements, consolidating inventory and reducing redundant staff.