A competitive strategy that Vandenberg should continue is merging and acquisition with other organizations. Competitive strategies can help organizations because it examines the market and organizations within the market to get a competitive advantage. With so many threats in health care Mr. Vandenberg himself stated that “there is a great opportunity for mergers and acquisitions for the future to set up more growth.”
With the new health care reform and the uncertainty of the US health care system, there is a growing trend of healthcare organizations to merge and acquire other organizations. Healthcare organizations like multi-hospital health systems, stand-alone hospitals, large medical groups, small independent physician group practices,…
(3) This can be seen in several decades of research. There was a hospital merger boom in the 1990s and it increased patient costs by 5 to 40 percent in areas where only a few hospitals govern according to the Robert Wood Johnson Foundation. (5)
If you decide to consolidate here are some questions, Mr. Vandenberg should be asking himself. (1) What is the pace of merger and acquisition activity in my market? (2) If my organization is an acquisition target, how can new leadership improve the hospital’s overall position? (3) How can I put together the correct team for this possible opportunity? (4) What key characteristics can help us have a successful & merger and acquisition? (#6)
To close, we as a group and as well Mr. Vandenberg believe that merge and acquisition is the best strategy for Vandenberg Ambulance to adopt. It can help the company grow and expand into other areas. It can benefit its patients by increase efficiency as well save the organization with cost. It can benefit a community by increasing jobs and saving jobs. We feel that this trend will continue to grow in the health care…
