Health systems partner with NBA, MLB to compete, promote wellness

While affiliations with professional sports teams and brands are not new, many hospitals and health systems are pursuing partnerships to better promote their own brand and name recognition as healthcare competition intensifies, according to a report by Hospital & Health Networks.

Advertisement

In addition to its affiliations with the New York Rangers (hockey), New York Islanders (hockey), New York Cosmos (soccer) and the New York Lizards (lacrosse), the Flushing, N.Y.-based Northwell Health announced a partnership with the New York Mets earlier this year.

Don Simon, the health system’s vice president of integrated marketing, told HHN that using high-profile sports teams is one way to “reach people efficiently and in as many venues as possible.”

Various other hospitals and health systems are recognizing the importance of professional sports-related affiliations: St. Temple, Texas-based Baylor Scott & White Health and Columbia, Md.-based MedStar Health partnered with the Dallas Cowboys and the Baltimore Ravens/Orioles, respectively, to spread the word about their diverse facilities and services.

But the trend isn’t popular with everyone. Opponents and critics say image-building advertising doesn’t provide useful information to patients.

More issues about transactions and valuations:
Ministry Door County Medical Center, Hospital Sisters Health System pursue formal partnership
NYU Langone, Winthrop-University Hospital to begin merger talks

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.