After working on more than 45 acute care hospital acquisitions as a healthcare attorney — along with medical groups, surgery centers and other financing transactions — Radha Savitala co-founded Tenor Health Foundation with a clear mission: rebuild financially distressed hospitals through a community-first, nonprofit model that rejects the old formula of top-down expansion and debt-heavy deals. Ms. Savitala recently joined the “Becker’s Healthcare Podcast” to discuss why she believes traditional hospital M&A strategies no longer work, why Pennsylvania has become ground zero for closures, and how Tenor is finding new life — and local partnerships — in facilities others have written off.
Read the full article: Why Traditional Hospital M&A ‘Doesn’t Make Sense Anymore’ //
Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/why-traditional-hospital-ma-doesnt-make-sense-anymore/