Leading Your Healthcare Organization Through a Merger Or Acquisition


Book Description

Are you facing or contemplating a merger or an acquisition? This book will help you ask the right questions during premerger discussions and provide direction once merger planning starts. Leading Your Healthcare Organization Through a Merger or Acquisition provides a thorough overview of the common issues that arise when organizations are combined. The book offers insights from experts in all aspects of mergers and acquisitions, including cultural compatibility, strategic growth and competition, change management, board and leadership roles and responsibilities, and service line reconfiguration. Checklists and other tools are provided to help you assess potential partnerships and the benefits that may be realized through a merger or an acquisition. Topics covered include: Benefits and challenges of mergers and acquisitions Cultural alignment between separate and distinct organizations Governance and leadership structure Corporate and operational design The challenges and opportunities for affiliated physicians Clinical and quality impacts and considerations Financial advantages and expense reduction opportunities Human resources, legal and regulatory, and other operational concerns This book's editor and contributors are leaders at Health Strategies & Solutions, Inc., a national healthcare strategy firm headquartered in Philadelphia. Since its formation in 1997, the firm has assisted hundreds of academic medical centers, community hospitals, multihospital systems, physician groups, and specialty organizations across the United States in planning for organizational change and growth. Alan M. Zuckerman, FACHE, FAAHC, Editor Suzanne Borgos; Maria Finarelli; Robert F. Hill, Jr. FACHE; Kathleen H. McCarthy; Peter V. McGinn, PhD; Keith T. Pryor; Samuel H. Steinberg, PhD, FACHE; Michael J. Walters, PhD, Contributors




Leading Organizations Through Transition


Book Description

This book addresses the role of communication in cultural change efforts within organizations, especially during periods of transition, mergers, technological innovations and globalization.




Health Care Mergers and Acquisitions Handbook


Book Description

The health care industry continues to undergo unprecedented consolidation. Health care providers and payors alike have pursued a wide variety of integrative strategies to achieve efficiencies or other business advantages. The Health Care Mergers and Acquisitions Handbook is designed to educate the practitioner about the antitrust analysis of mergers and acquisitions within the health care industry. Over the past two decades there has been an extraordinary amount of litigation related to challenges of hospital mergers. Each chapter identifies and analyzes important antitrust issues governing such consolidations. Accordingly, the first several chapters are devoted to a detailed treatment of substantive issues peculiar to such mergers: an introduction to hospital merger litigation, describing trends in litigation and the way in which such mergers are analyzed; issues unique to market definition, including product market definition and geographic market definition; the competitive effects of hospital mergers, assessing the evidence necessary to establish a prima facie case in a merger challenge and the rebuttal arguments offered by merging parties; a unique rebuttal argument offered by merging hospitals that is treated separately due to its prominent role in hospital merger litigation - the role and significance of efficiencies in determining the competitive merits of such mergers; the potential applicability of the state action doctrine to hospital mergers. In addition to a substantive treatment of hospital mergers, the Handbook also addresses; combinations of health care management organizations (HMOs) and physician practice groups; the analysis used by the enforcement agencies when reviewing mergers of HMOs; antitrust issues posed by physician practice consolidations. The appendix contains a chart summarizing litigated hospital mergers.--




Managing Health Care Business Strategy


Book Description

Managing Health Care Business Strategy is the definitive textbook on strategic planning and management for healthcare organizations. It offers all the basic information on strategic planning and management within the unique context of organizations concerned with the delivery and financing of health care. It does this by noting the singular strategic environment in health care, explaining the special procedures and options available to health care organizations, and providing real-life examples in the form of case studies. It includes not only a description of the basic multi-step process of creating and then managing a strategic plan, but also a detailed look at the role played by the key business functions (finance, marketing, human resources, information technology, and law) as well as specific strategic options (merger/acquisition, reorganization, joint venture) and some of the popular tools for analyzing strategic situations (balanced scorecard, Six Sigma, SWOT).




The Merger & Acquisition Leader's Playbook


Book Description

Make your next merger or acquisition one for the ages Meant to create value potentially fueled by synergies, the reality is that most mergers and acquisitions fail. It’s estimated that 83% of mergers and acquisitions do not hit their desired results. The Merger & Acquisition Leader’s Playbook tells you why most mergers fail. More importantly, it tells you how to make your next one a sweeping success. In the book, a team of private equity experts deliver a masterful walkthrough of how to integrate organizations by driving commercial success, instead of focusing purely on cutting costs. Readers will find: Concrete strategies for increasing the odds of success and reducing the risk of failure – of a new merger or acquisition A comprehensive, easily deployed and implemented plan to realize synergies Proven tools, techniques, and tricks of the trade to help leaders stay on top of their latest merger and keep everything on track A must-read resource for business leaders considering a fresh merger or acquisition, The Merger & Acquisition Leader's Playbook: A Practical Guide to Integrating Organizations, Executing Strategy, and Driving New Growth after M&A or Private Equity Deals will also earn a place in the libraries of investors, agents, corporate service providers, and consultants trying to get two or more businesses to pull in the same direction.




Save Revenue and Lead Your Employees Through the Pandemic and Beyond


Book Description

This book was developed at the request of our customers who lead the delivery of care to health and senior care patients, and residents. No health or senior care investor, Governance Board member, C-Suite Executive or Minister of Health could have predicted or budgeted for this catastrophic Global Pandemic and its continuous damage, costs and variants. No precedent, play book or manual exists to help with all of the challenges and issues that have been created. The Pandemic seems like a surreal nightmare though your return to work despite your physical and mental exhaustion daily and you see this is very real. Your employees face their issues, but you as their leader must maintain positivity and resiliency, maintain optimism, production and support. Your parents wanted you to be an attorney or a veterinarian, but you wanted to choose your own profession and work in healthcare. You were a highly successful senior executive before the Pandemic struck. Now you are being pulled in multiple directions and are still being held accountable for accomplishing your job objectives. The primary purpose of this book is to show you that you are not alone, and your stresses and challenges are being felt in all health and senior care organizations. It is to provide you with proven, credible solutions that have shown to work but you must be open-minded to change and committed to a new way of leading. Doing so will enable you and your employees along with your organization to become stronger and more resilient. The information was gathered through global interviews, focus groups, direct care givers, suppliers and vendors. Extensive research was also conducted and the book's contents was tested for credibility in global e-conferences, and round tables, but most importantly through the positive results of numerous solutions that were implemented by our customers. This book is not political, nor does it discuss the vaccinations. Because the subject matter and the topic are so intense a few relevant cartoons have been included for some levity. This is in no way meant to be disrespectful or to minimize the stresses and challenges you face daily. Give yourself a long overdue break and buy the book




Health Care Mergers and Aquisitions Answer Book 2014


Book Description

In a fast-changing U.S. health care environment, Health Care Mergers and Acquisitions Answer Book 2014 provides the reader with a road map of how general M&A principles apply to transactions in the health care sector. Organized into four parts, it includes practical advice on how to address the various industry-specific issues arising in health care acquisitions: Part I: Structuring Health Care Transactions, focuses on the various legal and practical areas that can have an impact on the structure of a health care M&A transaction, including provisions relating to purchase price, as well as regulatory, antitrust, financing, and tax and accounting considerations. Part II: Due Diligence, discusses the regulatory and compliance issues arising in health care transactions, including compliance with the federal and state health care fraud and abuse laws, Medicare and Medicaid rules, HIPAA and other health care regulations, as well as other topics, such as intellectual property rights, material contracts, and product liability and medical malpractice claims. Part III: Transaction Documentation, analyzes the principal elements of a purchase agreement for a health care transaction, including industry-specific representations and warranties, pre- and post-closing covenants, closing conditions and indemnification provisions typically found in health care acquisition agreements. Part IV: Special Topics in Health Care M&A, covers special issues arising in acquisitions of U.S. companies by non-U.S. buyers, as well as an overview of health care M&A transactions in France, Germany and Russia. Health Care Mergers and Acquisitions Answer Book 2014 analyzes examples from recent health care transactions, and provides practice tips on what to look out for and how to avoid the various pitfalls that may be encountered while working on health care transactions. It covers deal-making involving pharmaceutical and biotech companies, hospitals, health insurers and other participants of the health care sector. In addition to transactions involving outright acquisitions of health care companies, Health Care Mergers and Acquisitions Answer Book 2014 reviews alternative structures used in health care M&A transactions, such as: joint ventures - strategic alliances - product and portfolio acquisitions - option transactions, and - licensing and collaboration agreements.




MCL, Driving Expansion Through Mergers and Acquisitions


Book Description

Abisola Aworinde, executive director of May Clinics Ltd. (MCL) had initiated several programmes to transform the healthcare institution and position it as a leading healthcare organization in Lagos, Nigeria. One of the major challenges he and the MCL management team faced was how best to drive the expansion of the hospital, with an ambitious goal to increase the number of hospitals they operated from two to fifteen within three years. They opted for mergers and acquisitions, using a hub and spoke model, but faced several challenges as they sought to complete their first acquisition deal. Aworinde must now decide which of the two deals being considered should be prioritized, ensuring that decisions meet the investment criteria and strategic objectives of his institution.




Fundamentals of Strategic Planning for Healthcare Organizations


Book Description

A straightforward and practical guidebook, Fundamentals of Strategic Planning for Healthcare Organizations explores the basic principles of planning and maps out key routes for expanding companies in need of specific decision-making procedures. This allows readers to generate their own ideas for developing strategic plans tailored to the individual needs of their companies. The worksheets, client surveys, and other comprehensive planning documents the book provides from actual healthcare organizations are valuable aids to this developmental stage. Fundamentals of Strategic Planning for Healthcare Organizations points the way to implementing a reliable structural framework for effective strategic health care planning. It advocates methods and models that are at once practical and theoretically sound. Presenting each step necessary to the development of a competent strategic plan, this book enables managers in small and large healthcare organizations to maximize performance in any kind of environment. It keeps astride the developments in a rapidly changing industry as it moves beyond strategic plan development to plan implementation, plan evaluation, and plan control. The book's step-by-step approach facilitates systematic analysis of healthcare delivery models and the roles of marketing, communications, and internal and external factors in the planning process. For motivated self-starters striving to steer the course of their organizations in a rapidly changing industry, the book's presentation of the following topics will be beneficial: situation analysis performance objectives setting mission definition strategy selection operational plans development plan management Fundamentals of Strategic Planning for Healthcare Organizations illustrates the practical elements of strategic planning and considers the logic behind them. By doing so, this book acts as both a primer for the novice and a reference source for managers with more experience. Readers will find themselves turning to it again and again for its practical, "hands-on" advice.




Policy & Politics in Nursing and Health Care - E-Book


Book Description

Learn how to influence policy and become a leader in today's changing health care environment. Featuring analysis of cutting-edge healthcare issues and first-person insights, Policy & Politics in Nursing and Health Care, 8th Edition continues to be the leading text on nursing action and activism. Approximately 150 expert contributors present a wide range of topics in policies and politics, providing a more complete background than can be found in any other policy textbook on the market. This expanded 8th edition helps you develop a global understanding of nursing leadership and political activism, as well as the complex business and financial issues that drive many actions in the health system. Discussions include the latest updates on conflict management, health economics, lobbying, the use of media, and working with communities for change. With these innovative insights and strategies, you will be prepared to play a leadership role in the four spheres in which nurses are politically active: the workplace, government, professional organizations, and the community. Comprehensive coverage of healthcare policies and politics provides a broader understanding of nursing leadership and political activism, as well as complex business and financial issues. Key Points at the end of chapters helps you review important, need-to-know lesson content. Taking Action essays include personal accounts of how nurses have participated in politics and what they have accomplished. Expert authors make up a virtual Nursing Who's Who in healthcare policy, sharing information and personal perspectives gained in the crafting of healthcare policy. NEW! The latest information and perspectives are provided by nursing leaders who influenced health care reform, including the Affordable Care Act. NEW! Added information on medical marijuana presents both sides of this ongoing debate. NEW! More information on health care policy and the aging population covers the most up-do-date information on this growing population. NEW! Expanded information on the Globalization of Nursing explores international policies and procedures related to nursing around the world. NEW! Expanded focus on media strategies details proper etiquette when speaking with the press. NEW! Expanded coverage of primary care models and issues throughout text. NEW! APRN and additional Taking Action chapters reflect the most recent industry changes. NEW! Perspectives on issues and challenges in the government sphere showcase recent strategies and complications.