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Joining forces: Beaumont, Spectrum Health took similar paths with dissimilar results


Joining forces: Beaumont, Spectrum Health took similar paths with dissimilar results
Butterworth Hospital, part of Grand Rapids-based Spectrum Health, at left, and Beaumont Health, headquartered in Southfield.
Southfield-based Beaumont Health and Grand Rapids-based Spectrum Health are barreling toward a merger, one that will create not only the state s largest health system but its largest employer. The two health systems have been on a similar trajectory for the past two decades both created by mergers themselves but with dissimilar results.
Beaumont has struggled to keep its employees happy as it launched several cost-cutting campaigns to improve margins and reinvestments. Meanwhile, Spectrum has proven to be an adept operator, gobbling up smaller systems along the way, and growing to become a dominant player on Michigan s west side. ....

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Deadline Detroit | Starkman: Former Spectrum CFO Trashes Beaumont Merger and Warns of 'Massive Financial Loss'

Deadline Detroit | Starkman: Former Spectrum CFO Trashes Beaumont Merger and Warns of 'Massive Financial Loss'
deadlinedetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deadlinedetroit.com Daily Mail and Mail on Sunday newspapers.

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