Attorney Timothy Gary Quoted in the Modern Healthcare Article, “A Waiting Game: Meeting minutes reveal challenges to closing CHI, Dignity megadeal”
Nashville Attorney Timothy Gary was quoted in the Modern Healthcare article titled “A Waiting Game: Meeting minutes reveal challenges to closing CHI, Dignity megadeal.”
The article discusses the delays in the Dignity Health and Catholic Health Initiatives merger which began in 2016.
“Mergers always take longer than the parties expect. The problem with some deals is they assume a ‘growth for growth's sake’ strategy, but these systems have different footprints and similar approaches to the market,” said Mr. Gary. “The whole is better than the sum of the parts. It appears they're approaching it for the right reasons and raising very legitimate, very appropriate questions and they've engaged in a thoughtful process, versus, 'We've set a deadline and we've got to get it done.'”
To read the full article, please click here.
The article discusses the delays in the Dignity Health and Catholic Health Initiatives merger which began in 2016.
“Mergers always take longer than the parties expect. The problem with some deals is they assume a ‘growth for growth's sake’ strategy, but these systems have different footprints and similar approaches to the market,” said Mr. Gary. “The whole is better than the sum of the parts. It appears they're approaching it for the right reasons and raising very legitimate, very appropriate questions and they've engaged in a thoughtful process, versus, 'We've set a deadline and we've got to get it done.'”
To read the full article, please click here.
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