Joe White, a professor at the University of St. Thomas Opus College of Business, spoke with MinnPost about the recent wave of hospital mergers across Minnesota. White discussed how growing financial pressures are driving health systems to consolidate, noting that mergers could help struggling hospitals avoid significant cuts to patient services.
From the article:
While the mergers can’t stop the financial headwinds, experts said they are a way to bring more resources to the strained industry and take advantage of economies of scale.
“When we compare it to what would happen if they didn’t merge, that’s scary because if they’re continuing to lose money, eventually they’re going to have (to cut) services dramatically,” said Joe White, a professor at the University of St. Thomas Opus College of Business who specializes in health care.
