Mergers and Acquisitions (M&A), you’ve probably heard the term before. An M&A is often associated with the “business world”; with industries such as finance, retail, technology, and more. But M&As are also common in the healthcare industry, and the question is how healthcare delivery organizations (HDOs) can manage the risks associated with the process – specifically, IT asset risks.
The outcome of a merger or acquisition is relatively the same; the entities involved are combined or absorbed into one another and, by legal definition, become the same organization. A string of benefits can come with an M&A, such as increased profitability, market strength, diversification of services, and acquisition of IT assets. However, the latter introduces cybersecurity complexities that must be managed for the process to go smoothly.