Kellogg's produces Pringles potato chips and Hillshire Brands makes Sara Lee cakes. Both are examples of companies creating business partnerships for the benefit of all. Costs are reduced and businesses continue to grow. People continue to have the same Sara Lee cakes, and same Pringles potato chips, as they had in the past. Most consumers of these foods did not even know these changes in companies occurred, since the quality and taste of the products remain the same as always.
The same is true of hospitals. Maui Memorial Medical Center is part of a hospital system (HHSC) that is currently suffering a loss of about $58 million. HHSC currently needs financial assistance to continue to provide for the health care needs of Hawaii's residents and visitors. Either the Hawaii taxpayers can pay it, or a partnership can be established to cover the costs. A study by Stroudwater Associates was completed in 2009 and concluded that a partnership would be beneficial for HHSC.
The benefits of a partnership are numerous, including access to money to improve and expand medical and support services; excellent compensation for hospital personnel; integrated electronic health records and clinical delivery systems; and utilization of a health care model that lowers costs while providing quality service.