In many contexts, business is analogized to war. But in the context of medical group mergers, it should be analogized to marriage; the only difference is that group mergers fail more often than marriages.
Category: Mergers & Acquisitions
If you are interested in selling an interest in a facility or in any other asset, a physician practice, for example, the time to deal is now.
The context was the sale of various healthcare facilities, deals which, by definition, involve the sale of the business...
If you are interested in selling an interest in a facility or in any other asset, a physician practice, for example, the time to deal is now.
When I was a kid, I had a Gumby. (Did you have one, too?)
Sure, hindsight is always 20/20 but sometimes the “smartest people in the room” can’t manage their way out of a paper bag.
When I was a kid, I had a Gumby. (Did you have one, too?)
Medical groups, especially first generation medical groups, often suffer from a common management error: Their leaders or board members manage from the perspective of their individual personal success, not from the perspective of the group’s, that is, the business’, success and of its long-term future.
Depending on whom you ask and whose data is available for analysis, 70 to 90 percent of all business combinations fail to increase owner value.
Your group may (does, if it’s smart) provide services at multiple sites. What steps have you taken to protect the business that you’ve developed at those sites?
