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Survival of the fittest: a case study of a successful merger
Trustee : the Journal for Hospital Governing Boards
|April 11, 1983
Abstract:
The authors suggest that five prerequisites for survival are a willingness to change, good people, a clear sense of mission, an assessment of needs, and a plan. They detail how the application of these principles resulted in the merger of two not-for-profit, religious hospitals in Ohio, a move that allowed the institutions to continue their social mission yet remain financially viable.