11 Jul Healthcare M&A: How to Ensure a Seamless Integration of All Health Data

In 2024, hospital merger and acquisition activity has been at its highest since 2020. In the first quarter alone, there were 20 announced transactions generating $12 billion. Four of the transactions were mega-mergers, where the participants revenue exceeded $1 billion.

Much of this heavy deal flow is a result of financial pressures and portfolio realignments to help care systems remain competitive in a rapidly changing healthcare landscape.

In any M&A setting, there are always challenges around management and cultural changes. However, for health systems, there are tremendous IT challenges – especially when integrating a vast amount of patient data and transitioning to a new EHR system – after a merger or acquisition.

In addition, a 2022 JAMA study found that stronger post-merger integration efforts lead to better care quality outcomes. The study references these specific focus areas for a successful M&A technology integration:

• Rapid transition to the health system electronic health record
• Local ownership of quality metrics
• System-level goals with real-time actionable analytics through combined dashboards
• Implementation of value-based and other analytic-driven interventions

Achieving these hospital post-merger healthcare data integration outcomes is no small challenge.

Fortunately, IMAT Solutions can enable seamless data integrations for any healthcare system merger or acquisition. Our platform offers services for connecting, collecting, validating, normalizing, and transforming data to ensure a smooth data integration process.

IMAT Solutions achieves this by providing a powerful data quality framework for working with data. IMAT normalizes, cleans, transforms, and stores the aggregated data in a centralized data repository for easier data access and transitions.

Once a full data integration is complete after a merger, the IMAT platform allows care systems and health payers to leverage clinical data in ways that fully re-imagine how they do business.

Ultimately, this provides care systems with access to actionable, clean and validated data for gaining optimal results from all health data. IMAT also helps organizations to overcome any challenge with meeting new interoperability standards.

Are you a care organization CIO facing the challenge of integrating all health data after a merger or acquisition? Please contact us today for a free consultation on how IMAT can ensure a smooth data integration transition.