Page 1 of 1

A Primer For Mayor Summers: Market Share 101

Posted: Thu Sep 03, 2015 1:19 pm
by Brian Essi
1. Why did CCF sign the 1996 Definitive Agreement that did not provide for them to receive any ownership or compensation for managing Lakewood Hospital?
Answer: Market Share.

2. Why does CCF want Lakewood Hospital demolished?
Answer: Market Share.

3. Why does CCF want build a family health center aka a specialty referral center in the heart of downtown Lakewood?
Answer: Market Share.

4. Why would any competing hospital system find Lakewood attractive if CCF was no longer here?
Answer: Market Share.

5. What leverage does the City of Lakewood have to obtain the highest and best price and terms for the sale or lease of Lakewood Hospital?
Answer: Its virtual control of Market Share.

6. Why won't CCF leave Lakewood, even in 2026?
Answer: Market Share

6. Has Mayor Summers used the Lakewood's ability to control Market Share in the heart of downtown?
Answer: No.

7. What is Market Share?
Answer: The portion of a market controlled by a particular company.