News Headlines Article

Recent health-care consolidation deals reflect drive for efficiencies, profits — and sometimes survival
The Bakersfield Californian

One by one over the past month, local health-care providers changed hands: a radiology company, a chain of blood-testing clinics, a hospital.

They joined well-funded outside companies intent on piecing together health-care providers in Kern County and across the country. And while it’s true businesses can lower costs through the economies of scale that often come with mergers and acquisitions, there can be a host of reasons why these deals make financial sense for buyers and sellers alike.