Related Experiment Videos
The corporate reorganization survey: management indicates satisfaction
Caring : National Association for Home Care Magazine
|October 7, 1985
Summary
Corporate restructuring among home health providers is common, with most agencies finding it beneficial for competition and joint ventures. Despite challenges and longer-than-expected timelines, overall satisfaction with restructuring outcomes remains high.
Area of Science:
- Healthcare Management
- Organizational Studies
Background:
- Limited empirical data exists on corporate restructuring within the home health sector.
- Understanding challenges and benefits is crucial for providers undergoing or considering restructuring.
Purpose of the Study:
- To gather and present data on corporate restructuring activities among home health providers.
- To identify common issues, benefits, and satisfaction levels associated with restructuring.
Main Methods:
- A telephone survey was conducted with a random sample of free-standing home health agencies.
- Data was collected from 198 agencies, with 108 providing complete information for analysis.
Main Results:
- 64% of surveyed agencies were involved in or had completed corporate restructuring.
- Restructuring activity was highest in the Northeast and among agencies with annual budgets of $3 million or more.
- Key benefits included increased flexibility for competition and opportunities for joint ventures.
Conclusions:
- Corporate restructuring in home health agencies is prevalent, particularly in certain regions and larger organizations.
- The process is often lengthy, requires significant board involvement and planning, but generally leads to high satisfaction.
- Greater flexibility and joint venture opportunities are the primary realized benefits.