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Joint Venture: A Solution to Increasing Competition and Decreasing Capital

Session #: 81662-xh
Presenter(s): Panel
Session Length: 1hr. 40 min.
Event: 2006 HFMA Audio Webcast
Date: 9-28-06

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Today's hospitals and health systems must consider the pursuit of all strategies offering the potential for improved market and financial performance, and joint ventures represent an increasingly important strategy, particularly when competition is intense, capital is limited, and the risk of failure is significant. Joint ventures with physicians can be especially helpful in strengthening relationships with this key constituency and aligning economic incentives to enhance market position and ultimately financial success. On the other hand, there are significant risks when done badly. This audio conference will provide you important guidance on securing the benefits of such arrangements and minimizing the risks.



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