In the dynamic landscape of healthcare, organizations are increasingly focused on financial transformation, particularly through mergers and acquisitions (M&A). This transformation is driven by the need to address financial challenges, improve operational efficiency, and ensure the sustainability of care delivery. Join Ruth Kochenderfer, D&O Product Leader, Marsh; Ethan Crain, Regional Healthcare Leader, Marsh; Patrick Sartor, Principal, Mercer; and Paul Kivey, Mercer as they discuss the importance of reimagining workforce structures, leveraging technology, and understanding the complexities of M&A to navigate these changes effectively.
The podcast highlights that financial transformation encompasses various strategies, including vertical and horizontal M&A, which can help organizations consolidate resources and enhance service delivery. However, these changes also introduce significant risks, such as regulatory scrutiny, potential litigation, and workforce unrest. Understanding these risks is crucial for healthcare leaders as they strive to maintain quality care while managing the financial implications of transformation.
Key considerations for successful financial transformation include the need for thorough due diligence, effective integration planning, and a focus on cultural alignment between merging organizations. Leaders must also prioritize communication and stakeholder management to ensure a smooth transition and retain talent during periods of change. By addressing these factors, healthcare organizations can better position themselves for success in a challenging marketplace.
Highlights from the podcast include:
In a rapidly evolving healthcare environment, the stakes are higher than ever. The insights shared in this podcast will empower you to make informed decisions that safeguard your organization’s future. Don’t miss this opportunity to deepen your understanding of financial transformation and its implications for your organization.
Product Leader, D&O
United States
Ruth Kochenderfer is a Managing Director at Marsh, co-leading the National Health Care FINPRO Practice in Washington, DC. With over 17 years of legal experience, she specializes in risk transfer solutions for financial and professional exposures. Ruth advises diverse clients, focusing on the unique challenges faced by healthcare entities.
