Associated Healthcare Advisors Inc.
© Associated Healthcare Advisors, Inc.2013
Mergers & Acquisitions
Our approach considers the numbers, though we know that
even when the numbers make sense, it may still not work!
That is why Associated Healthcare Advisors considers
many important issues regarding a proposed merger or
group practice development before the merger, such as:
Pre-Merger Evaluation and Goal Setting
Due Diligence in the handling of financial, operational, and
legal issues through the use of an experienced attorney
Associated Healthcare Advisors' Group Practice
Development Services takes steps to assure no surprises by
identifying the warning flags.
Associated Healthcare Advisors performs a SWOT
analysis to eliminate missteps (SWOT = Strength,
Weakness, Opportunities, Threat)
Since mergers have a significant external impact,
Associated Healthcare Advisors, takes specific steps to
identify the issues and concerns to patients and referral
sources
Opportunities are evaluated to assure marketplace
advantage: PROTECT AND CAPTURE
Associated Healthcare Advisors will also evaluate
development by:
Investigating each practice to determine what makes up the
numbers
Evaluating patterns, volume, patient processing styles,
charges and practice philosophy
Assuring the quality of the assets in each practice and their
use in the merged practice
Examining if each practice is financially viable now. What
does the practice look like "behind the numbers?"
Assuring adequate funding and cash flow
Developing the philosophy for level of services to be
provided (lab, x-ray, physician extenders)
Establishing effective and appropriate compensation plans
Assuring the continuance of provider/managed care
contracts for after the merger
Strategic tax planning
Analyzing physician practice styles and coverage areas
Sampling medical records and establishing methods for
documentation and filing
Associated Healthcare Advisors' Group Practice
Development Services also examines personnel and related
issues.
Staff type and number
Are the current employees right for the new merged
practice?
Responsibility/Authority
Are the lines of responsibility and authority clearly defined,
written and in an organizational chart?
Benefits
What must change? What impact will it have on current staff?
What will happen to the physician's pension plan?
...and some of the other details, such as:
•
Answering service
•
Collection policy (write-offs, bad debt patients,
minimal balance, collection at time of service,
etc...)
•
Insurance and managed care company
involvements
•
Forms to be used
•
Name of merged practice
•
Malpractice claims or other legal issues
outstanding.
.
Helping your Business
SUCCEED
407-831-7575
1-866-708-7575
Wed Designed by Capitolcomp.com