Healthcare has been transferred to an industry due to the increase in population hence more people requiring medical services, emergence of new diseases, and an and other factors. The later has led to more people paying to access health care services. This has transformed the healthcare sector into an industry with vibrant business in different areas.
Impact of mergers and acquisitions on health care- Mergers and acquisitions have lead to the use of the term industry to refer to health care. Health care has become a multi-trillion dollar industry in the world owing to the increased number of mergers and acquisitions (Levins, 2000). Mergers and acquisitions have become a commonplace as it is with all the businesses. This has led to the disappearance of small regional health care organizations and the emergence of large conglomerates that are aiming at making profits rather than offering quality health care to the patients.