Health systems looking to expand their continuum of care within a value-based care strategy may benefit from partnerships with third-party ambulatory surgery centers (ASCs). While we have extensive experience supporting partnership transactions across various healthcare organizations, our latest article in Healthcare Financial Management explores key considerations for forming ASC partnerships that enhance collaboration and care […]
In the third course of this 4-part series, more integrated transaction structures for hospital and health system affiliations are defined. What are the key characteristics and legal considerations for asset purchase transactions, merger transactions, and membership substitution transactions? Learn how to access the full video and subscribe to our virtual board education services at […]
Dan Grauman, Managing Director & CEO of Veralon, discusses healthcare system governance structures with Cristina Cavalieri, SVP and University Counsel at Thomas Jefferson University Hospital, and Jeannie C. Frey, SVP, Chief Legal Officer and General Counsel at CHRISTUS Health. In this AHLA podcast, they explore drivers of governance structure changes, evolving models, challenges in implementation, […]
The second course of this 4-part series guides independent hospitals in assessing their independence and navigating partnership decisions effectively. What are the best practices and crucial decisions when considering a partner? Learn how to access the full video and subscribe to our virtual board education services at www.veralon.com/V-BE If you are already a member, […]
A colleague asked, “Why is the Kaiser/Geisinger announcement such a big deal? There have been a lot of mega mergers.” An excellent question. This was more than just a $95B insurer/health system acquiring a $7B one. Here’s why: Kaiser Permanente has long been recognized as an iconic leader in value-based care, but they have largely […]
The devil is in the details. A year after the merger of Independent Hospital (IHX) and Regional Health System (RHS), the work of integrating these facilities is still underway. Some aspects of integration, such as reviewing group purchasing contracts, food services agreements, opportunities to consolidate back-office functions and more, have been relatively easy to complete. […]
As hospitals rethink their approach to care delivery during the pandemic, many also are weighing whether partnership is needed. Now is a good time for leaders to consider: What would make an ideal partner? Even as hospitals face extreme financial pressure following COVID-19, some independents are finding that their financial standing may not be as […]
As hospital revenue shrivels amid the coronavirus pandemic, it’s time for independent hospitals to look in the mirror to determine how they stack up. Conducting a self-assessment isn’t just a useful approach for evaluating your organization’s capacity to survive the financial turmoil wrought by the pandemic. It’s also critical for recognizing what your organization brings […]
COVID-19 delivered a gut punch to the outlook for not-for-profit hospitals in 2020, moving from a “stable but delicately balanced” outlook this past January to a negative outlook in late March due to the rapidly evolving pandemic. While independent hospital leaders have always needed to keep a careful eye on their organization’s ability to remain […]