CommonSpirit Health Merger Integration Robert S Huckman Hise Gibson Nicole Gilmore 2020
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CommonSpirit Health Merger Integration (CSM) is a historic merger between Catholic health system Angeconeb and Catholic Medical Center (CMC) of Kansas City. CSM aimed to be a better, stronger healthcare system by improving care quality, enhancing efficiency and innovation, improving patient experience, and strengthening its workforce. Certainly, it was a challenging and complex process, but CSM managed to achieve its objectives by leveraging its strengths and creating a culture of trust, collaboration, and innovation.
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One of the most critical aspects of any merger is ensuring that both companies can maintain their unique culture, values and practices. When it comes to Healthcare, we have seen that mergers are more successful when there are a shared understanding of mission, values and culture. In this case, the Healthcare industry is one of the most complex, high-pressure, and competitive in our world. That’s why we wanted to explore how the merger of the Catholic and Evangelical Health Systems, (CAES) and St. Joseph’s Health (SJ
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“When we look back, we’ll understand why we’ve had a great run,” says Robert S Huckman. “We are in the process of integrating our operations,” I write back. “This is about improving quality and patient care. We’re in the process of finding more synergies, creating efficiencies, and reducing costs. “This is my third merger in as many years. We’ve been on an unstoppable path to grow our customer base and expand our product offerings,” Robert continues. “This
Porters Model Analysis
In this article, I share the results of a Porters Model Analysis of the CommonSpirit Health Merger Integration, a merger between the Catholic hospital chain St. Joseph Health, based in Minneapolis, Minnesota, and Catholic Health Initiatives, based in Louisville, Kentucky. The main goal of this analysis was to assess the effects of the merger on both the internal environment and external environment. This article includes a description of the Porters Model and its relevance to the analysis, the identification of the key external factors that the two companies considered, and the assessment
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