Last fall, Milford Hospital, located in Milford, Connecticut, announced that it was exploring a merger with Bridgeport Hospital, part of Yale New Haven Health.
ASCs can be great investments for physicians. Oh, as long as they are real.
Hospital systems across the country suffer from bloated fixed costs, huge payrolls, layers and layers of bureaucracy, and management by managers, not by entrepreneurial thinkers.
What you think is permanent is only temporary. How temporary is the question.
There are tremendous opportunities in the market, opportunities that you can exploit. But in doing so, you must think twice, or even thrice, about the proper structuring of your deals.
I’ve yet to see a driverless car, but I bet that it’s headed to the funeral of some hospital.
Many people tend to think within professional silos. Barbers cut hair. Farmers farm. And, doctors practice medicine.
Several years ago, I read a review in a magazine for consultants of a new book by an “expert” who advises that since business now moves at the speed of light, the “old” strategic question of “where do you want to be X years from now?” must now be “where do you want to be a few days from now?”