Furst Group CEO Bob Clarke was recently interviewed for an article on how hospital mergers affect a community - in this case, Rockford, one of Illinois' largest cities:
"[G]overnment officials are poised to see more merger and acquisition plans from health systems across the country as they look to bolster their resources before national health care reform changes the game entirely by 2014.
Competition and the costs of doing business are a bigger concern to the health care industry, with health care regulations still being written, said Bob Clarke, co-founder and CEO of Furst Group, a health care executive search and research firm.
'Rockford has been very well-served by three good institutions," he said. "But there's a difficulty to being independent now. ... I think it's great news and doing this makes a lot of sense considering what's going on in the industry. I'm not at all concerned about the loss of potential services. It will make them more effective.' "
To read the full article from the Rockford Register Star, click here.