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  • Title: For-profit and nonprofit mergers: concerns and outcomes.
    Author: Gillock RE, Smith HL, Piland NF.
    Journal: Hosp Health Serv Adm; 1986; 31(6):74-84. PubMed ID: 10279764.
    Abstract:
    This article examines whether merger with an investor-owned chain is beneficial to nonprofit hospitals. Drawing on the experience of Lovelace Medical Foundation, a hospital-based group practice in Albuquerque, New Mexico, in its merger with the Hospital Corporation of America, this article describes the uncertainty that accompanies a merger, elucidates specific concerns of nonprofit hospitals about loss of autonomy to a large corporation, and sets guidelines for making sure most anticipated fears fail to materialize as a result of premerger planning.
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