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Among other things, Wilson expects the blockbuster partnership to rewrite math.
“We’ll be sharing resources, doing some things we can’t do now because we’re competitors, creating a better system of care for more patients, creating more points of access. Joseph’s, “we’re hoping that one and one makes three.” The two venerable nonprofit healthcare systems announ-ced in April that they were planning to form a joint operating company (JOC), a deal that Wilson says will be capitalized to the tune of “0 million to 0 million.
Lest we forget, healthcare providers compete with one another to fulfill the Hippocratic Oath.
The hospital consolidation trend goes back to the mid 1980s, says Bill Custer, director of the Center for Health Services Research at Georgia State University and associate professor in the J. “It’s a trend that moves faster in some periods, in response to changing demands,” Custer says.