Danielle Bangs, Director, Veralon, and Kelley Taylor Hearne, Partner, Faegre Drinker Biddle & Reath LLP, discuss the growing trend of health systems entering into joint ventures and other forms of partnership with specialty operators. They cover the trends they are seeing in this area, legal and financial issues that need to be worked through as […]
The fourth installment of this 4-part series explores transactions that require less integration. What are the key characteristics and legal considerations for joint operating agreements, joint ventures, and clinical affiliations? 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, log […]
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 […]