New developments in a consolidating health care industry
Abstract
The current health care industry has recently seen a great deal of consolidation in the form of mergers and acquisitions. These mergers and acquisitions invariably result in a loss of jobs. This paper focuses on two strategies that health care companies use to reduce workforce under these circumstances. Specifically, the paper will focus on the mergers between SmithKline Beckman and Beecham plc in the late 1980s, FHP Health Care and TakeCare Health Plans, and PacifiCare’s recent acquisition of FHP Healthcare. It will compare and contrast theory, strategy and practices of these six companies as they endeavoured to merge or acquire each other.
Keywords
Citation
Taylor, D. and Kleiner, B.H. (1998), "New developments in a consolidating health care industry", Health Manpower Management, Vol. 24 No. 2, pp. 66-68. https://doi.org/10.1108/09552069810200012
Publisher
:MCB UP Ltd
Copyright © 1998, Company