Merger and acquisition activity among hospitals and health systems has been on the rise, and many expect this trend to continue. Whether your organization has undergone many prior transactions or you're pursuing your first transactions in years, you need to be prepared. Even if you have no M&A activity in mind, in order to effectively navigate the current healthcare landscape, you need to be able to systematically evaluate opportunities as they arise.
A tool that is often described as being essential to this preparation is an "M&A playbook." But what, exactly, is an M&A playbook? Is such a tool really effective? How does an organization use it? Should your organization buy one? Build one? Our Jim Bedford, Munzoor Shaikh and Mani Kumar take a look in a recent Becker's Healthcare article.