Affordable Care Act. Sweeping Medicare cuts. Decreases in reimbursement. HIPPA.
Uncertainty in the healthcare industry, increased regulation, decreases in reimbursement, and competition from large publicly traded corporations are just a few of the challenges facing healthcare services businesses today. To be better positioned to weather the uncertainty of The Patient Protection and Affordable Care Act, commonly called Obamacare or the Affordable Care Act, sweeping Medicare cuts, and unforeseen changes, several large strategic buyers are actively acquiring regional competitors. This aggressive effort to capture market share is driving a rapid consolidation of the industry. As a result, the valuations of small and mid-sized healthcare services companies are at record levels.
Dealing directly with large healthcare corporate buyers like LabCorp, Quest, Apria Healthcare, Genentech, McKesson, etc., can be intimidating and unproductive. Large corporations and private equity groups staff acquisition departments with professional negotiators. The acquisition review of healthcare businesses is unique, and the due diligence process is intense and very invasive to daily operations. Knowing how to protect your company’s confidential information, including patient confidentiality (HIPAA), as well as what information to give the potential buyer and at what point in the process, requires experience. A strong background in acquisition negotiation is essential in securing the best valuation and purchase structure for your healthcare business.
Meritage Partners specializes in representing small and mid-sized healthcare services, diagnostic services, anatomic pathology, and clinical laboratory businesses looking to position themselves for acquisition.
- Urgent Care
- Physicians’ Offices
- Clinical Diagnostic Laboratory
- Toxicology Laboratory
- Anatomic Pathology Laboratory
- DNA Diagnostics
- Medical Laboratory
- Subacute Facilities
- Long-Term Care Facilities
- Ancillary Care