Should hospitals expand into other services in order to strengthen their financial standing, or is this a method of "self-referral," reaching out for income-producing areas that are outside the realm of the hospital's mission statement?
In a 1-2 page paper, written in APA format, address the following:
Explain how vertical integration can impact a health care system.
Explain how a hospital's expansion into other services can strengthen their financial standing.
Explain how a hospital's expansion into other services can have a negative impact on a system by operating outside the scope of the hospital's mission statement.