When organizations are considering the purchase or merger of a physician group, there are numerous financial and structural considerations to analyze before the completion of the transaction.
By conducting due diligence in the areas of revenue, costs, physician compensation , productivity and staffing, clients have assurance of obtaining practices that are productive and profitable. More importantly, organizations can take a proactive approach to managing transitions by obtaining expert advice on potential areas of conflict and legal risks.
Verity has the experience and the highly personalized approach to work with clients during physician acquisitions. Clients benefit from the support and resources needed to make good decisions rapidly.
Verity’s experience working within healthcare organizations for the past 25 years has given us the insight to quickly spot the critical issues in physician practices. For example, conflicts with combining compensation philosophies and structures, financial implications of staffing and productivity and implications of established contracts and agreements.
With our rapid due diligence process and tools, we can determine a course of action within a timeframe that is mutually beneficial to both parties. We can also help determine any financial re-negotiation needed based on the risks we identify in the transition. Post-acquisition integration plans are best determined prior to the final transaction. With the help of Verity, these plans can be concretely defined and agreed upon prior to the final transaction so organizations can take action immediately.
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