- Jarrard Phillips Cate & Hancock Survey Reflects Input from more than 200 Healthcare Leaders -
Healthcare Leaders Say Supreme Court Ruling Will Spur More Consolidation in the Industry
Jarrard Phillips Cate & Hancock
issued last week on the Affordable Care Act will spur more consolidation in the healthcare industry, according to a of more than 200 healthcare leaders from across the industry conducted by national leading healthcare public affairs firm .
Conducted under the firm’s trademark brand, the survey garnered responses from more than 200 healthcare leaders who make organizational, operational and financial decisions at their respective organizations. Although 53 percent of respondents feel that absolute clarity on the law will not arrive until after the November presidential election, a vast number of respondents feel that the ruling is a strong indicator that consolidation and entrepreneurship will continue to mark the industry moving forward.
“Executives are gearing up for increased M&A activity, both in the Nashville healthcare community and nationally,” says , Partner at Jarrard Phillips Cate & Hancock. “In Nashville, where healthcare is a $70 billion industry, we’ll see a flood of new ideas and companies flood the market, according to survey results.”
Equally as clear in the survey: healthcare leaders aren’t waiting for the political process to iron out the details of healthcare reform. When asked how the ruling will change operational or budgetary decisions, 73 percent aren’t making any decisions based on last week’s ruling, mainly because they’ve already planned for it and are already implementing their strategy.
Below are highlights from the survey:
Full survey results can be found online .
Jarrard Inc. is a national healthcare public affairs firm that works exclusively with the leaders of hospitals and healthcare organizations throughout the U.S. Based in Nashville and complimented by an office in Chicago, the firm is singularly focused on helping the leaders of today’s healthcare organizations use the tools of politics and communications to win their strategic goals during times of challenge or change. The agency has been named in the Top 20 fastest growing firms in the nation by in 2009 and 2010, and ranks among the top healthcare PR firms in the U.S.
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