As we continue to see academic health systems acquiring hospitals, Los Angeles-based Keck Medicine of University of Southern California is also focused on accelerating growth through partnerships and collaborations beyond its main campus. Keck Medicine’s CFO Chris Allen told Becker’s during a CFO+Revenue Cycle Podcast episode that the system recently launched a new ventures corporation aimed at focusing on joint ventures and off-campus partnerships. Mr. Allen said it’s oftentimes a stronger option to acquire versus build a new hospital due to high costs, particularly in areas like Los Angeles.
Read the full article: Keck Medicine of USC Shares ‘The Way to Grow’ for Academic Systems //
Source: https://www.beckershospitalreview.com/finance/keck-medicine-of-usc-shares-the-way-to-grow-for-academic-systems.html