White Papers
White Papers
The deal volume in the health care provider and services sectors remains high. Financial sponsors continue to make investments related to hospitals, surgery centers and dialysis facilities. Correspondingly, the deal volume in health care products, health care devices and health care real estate also continues to be steady. However, while the aggregate deal flow is stable, the average dollar value of deals has decreased. Further, there appears to be an increased proportion of deals being executed by strategic rather than financial buyers. The increase in transactions by strategic buyers can translate into less risks in the due diligence process.
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By Scott Becker, JD, CPA |
July 09, 2008
Health Care services and device companies have become a core target for private equity investors. In recent years there has been a binge in the private equity acquisition of health care companies valued between one billion and twenty billion dollars. Private equity funds are eager to seek investments that create value for their investors and are investing where they believe the opportunity for value creation exists. Generally health care companies have assets that can be used as debt collateral and investors see fragmented markets as opportunities for consolidation, operational improvement and cost-cutting.
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By Scott Becker, JD, CPA, and Sarah Abraham, JD |
July 09, 2008
This article focuses on buyers of majority interests in ambulatory surgery centers. Currently, there are three public company buyers of majority interests in ASCs, and four private company buyers that fit in this category. These are the companies that generally buy more than 50 percent in an ASC transaction -- typically from 51 to 66 percent.
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By Steve Dobias and Rob Kurtz |
June 03, 2008
Adding an ancillary service such as physical therapy, imaging or ultrasound services to your medical practice may seem like an easy opportunity to capture revenue you are giving away in referrals to providers outside of your organization. While an ancillary service can boost profitability and improve your patient care offerings, its addition should not be taken lightly, says Stephen Dobias, principal on the Health Care Team of Indianapolis-based Somerset CPAs.
Here are seven steps Dobias suggests you follow to determine whether the addition of an ancillary service is right for your medical practice and how to ensure the ancillary service gives you a strong return on your investment.
Note: This story features a sample proforma found at the end of the piece.
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By Rob Kurtz |
May 27, 2008
In just eight years, BayCare Clinic has become an extremely profitable, high-quality, physician-owned organization serving the Green Bay, Wis., community. The chief medical officer for BayCare is Paul Summerside, MD, FAAEM, who also serves as the president of the board of managers for Aurora BayCare Medical Center in Green Bay.
Dr. Summerside sat down with The Hospital Review and shared his thoughts on the major challenges currently facing hospitals, why many hospitals are struggling to find sustainable success and what still keeps him excited about healthcare.
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