5 tips to avoid issues between hospital boards during a transaction
from Becker's Hospital Review
Many times when a merger or acquisition is announced, a hospital and/or health system's board of trustees or board of governors is behind the deal. If not directing the deal, the board's members are informed and involved in the transaction. There may not always be perfect harmony between two or more boards when working toward a transaction, and there may be disagreements on any number of issues whether because a board has a historical way of operating or because some members hold very strong opinions. When more than one board is involved, issues that are often resolved easily can become barriers.
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