ACQUISITION GIVES DEVELOPER MORE RESOURCES, COMPANY PRESIDENT SAYS
By John Mugford
When we took this photo of Malcolm Sina (left) and Todd Lillibridge during the November 2008 Healthcare Real Estate Insights™ Editorial Advisory Board meeting, few probably would have predicted that both of their firms, DASCO Cos. and Lillibridge, would separately merge with larger companies by 2011.
HREI™ file photo
It’s probably not news to anyone involved in the healthcare industry that hospitals and health systems are consolidating, and could continue to consolidate, at a fast clip.
The trend is being driven by the fact that hospitals need to become as cost-efficient as possible while increasing market share and revenues in order to survive the coming era of healthcare reform, employed physicians, dwindling reimbursements, increased competition, more intensive use of technology and other big changes.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Comments are closed, but trackbacks and pingbacks are open.