Could large not-for-profit systems acquire for-profit healthcare service companies, thereby improving market position in segments of healthcare in which they are most exposed to disruption? Rewind back to 2017. When Surgical Care Affiliates was available, aside from Kaiser Permanente, the largest not-for-profit systems ranged from $10 billion to $20 billion in annual revenue. Could a single not-for-profit system have afforded to purchase Surgical Care Affiliates? Perhaps, but none did. Or, could a group of not-for-profit systems have come together to purchase the company? Perhaps, but none did. At that time, and until recently, when such opportunities presented themselves, legacy not-for-profit systems, for whatever reason, tended to stick with their traditional ways.
Read the full article: A Landmark Acquisition Highlights a New Not-for-Profit Perspective //
Source: https://www.kaufmanhall.com/insights/blog/landmark-acquisition-highlights-new-not-profit-perspective