Incompatible cultures are the top reason organizations' recent mergers, acquisitions and partnerships fell short of expectations, according to a HealthLeaders Media Intelligence Report.
HealthLeaders asked 13 respondents, who said they would not participate in a merger, acquisition or partnership again, why previous MAPs didn't meet expectations. Multiple responses were permitted.
1. Incompatible cultures: 54 percent
2. Governance problems: 31 percent
3. Operational transition problems: 31 percent
4. Financial goals not achieved: 31 percent
5. Disagreement about organizational mission: 31 percent
6. Costs to support the transaction too high: 15 percent
7. Lack of community support: 15 percent
8. Other: 23 percent