News and briefs: Trust plays important role in acquisitions

Integrating physicians, compensation, and trust are the three most challenging areas for healthcare leaders when it comes to merging physician practices with hospitals and health systems, according to a recent HealthLeaders Media Intelligence Report. The report was created from an online survey sent to HealthLeaders Media Council and select members of its audience; half of respondents are senior leaders in their organization.

Although only 19% of respondents said trust is the biggest challenge, Tom Gallagher, president and CEO of Seton Ventures and Alliances for Seton Healthcare says developing trust between the organization and physicians should not be taken lightly.

“There are lots of partnerships in terms of workshops at the hospital for physicians, but the physicians don’t generally have a financial tie to the hospital. Trust is a more difficult commodity with that kind of a relationship,” Gallagher tells HealthLeaders Media. To read more of the report, click here.