We're pleased to announce our latest addition to the team, Kay Colegrove, MSPM. Kay's spent her entire career in healthcare, and her most recent roles have focused on expanding family building to more people. We're so excited for what's to come as she heads up our provider network in the US!
EVP Enterprise Growth | Commercial Growth | National Sales Leader | Enterprise | Consultants | DE&I |Pharmacy/PBM | Strategy | Mission driven leader disrupting the status quo & making care more equitable and affordable.
As someone deeply invested in promoting inclusivity and ethical standards in the workplace, recent events at Medical Solutions have sparked some thoughtful reflection on the values that truly matter to me.
The recurrent layoffs at Medical Solutions, despite assurances to the contrary, have me questioning the integrity of the company's leadership and its commitment to its workforce. It's disheartening to see such a glaring misalignment between professed values and actual actions.
In my own job search, I'm on the lookout for an organization that not only talks the talk but also walks the walk when it comes to inclusivity, transparency, and genuine care for its employees. It's crucial to me to be part of a team where honesty is paramount and where everyone is treated with dignity, especially during challenging times.
We, as employees, play a significant role in shaping the culture of our workplace. We help foster an environment where inclusivity thrives, and where every individual is valued and respected. It's essential to recognize that remaining silent or turning a blind eye can hinder progress. Instead, we must actively demand respect not only for ourselves but also for others.
For me, transparency isn't just a corporate buzzword—it's a cornerstone of trust and respect in any workplace. I'm determined to find a company where I can contribute my skills and talents while feeling confident that my values are fully aligned with those of the organization.
As I navigate my job search journey, I'm hopeful to connect with companies that share my passion for integrity and inclusivity, and where I can truly make a positive impact. Let's continue to champion these values together in our professional endeavors.
Final thoughts: Is the company truly growing if layoff's occur 3x in 6 months? Does the company still grow even when the traveling nurses working for the companies contractual obligations aren't being paid? Or is it because the company spent too much money on acquiring other companies, so they can satiate their executive greed? Misleading advertising?
Medical Solutions, one of the largest healthcare talent ecosystems, has been named one of America’s fastest-growing private companies in the Midwest by Inc. Magazine! Our organization ranked 51 out of all midwestern companies recognized. We're so incredibly proud of all of the people who made this possible! 🤩
Read all the details here: https://bit.ly/4bWZUSU
Increasing regulation and competition, along with rising costs, have created a perfect storm for health care systems to join forces.
The past couple of years saw Bellin Health of Green Bay and Gundersen Health System of La Crosse, as well as Appleton’s ThedaCare and Froedtert & the Medical College of Wisconsin health system of Milwaukee, combine their resources. Meanwhile, Aurora Health, which has clinics and hospitals throughout the region, completed a merger with Advocate Health Care before that company combined with Atrium Health.
The health care industry overall is seeing more cross-market mergers. To learn why, pick up the April issue of Insight: https://loom.ly/Cjyc1aA
Since 2016, West Virginia University Health System has folded 14 hospitals into its network — including three hospitals last year alone — creating an emerging 25-hospital Goliath that reaches into Pennsylvania, Ohio and Maryland.
And in January, the health system, which is branded WVU Medicine, is expected to add the 218-bed Weirton Medical Center in the northern panhandle of West Virginia to the system portfolio, pending regulatory approval, as revenue from overall core operations increased 48.3% to $5.9 billion in 2023 from $3.8 billion in 2021, according to a new report from S&P Global Ratings. The New York City-based agency assigned WVU Medicine’s long-term debt an A rating with a stable outlook.
#wvumedicine#healthcare#WVU#hospitals
As a new physician, how do you know where to start your career and build your practice?
For Sanjeev Baldeo, DPM, Crystal Run Healthcare was the ideal choice for his practice and career.
Learn about his experience leaving residency and joining Crystal Run: http://spr.ly/6040WuREn
After decades of successfully managing a renowned group practice alongside a partner, overseeing six locations, three doctors, and a dedicated team of approximately 45 staff members, Dr. Ernest McDowell initiated plans for the next step of the practice’s evolution. Through his engagement with Diwakar Sinha, Perrin DesPortes and the team at Polaris, we helped increase the group practice’s EBITDA by 40% and shortened the timeline toward the sell-side milestone from over two years to just 18 months.
As a result, we were able to transact the sale to DSO Specialty Smile Partners at nearly double the initially expected value. Dr. McDowell is now happy to continue with patient care, but with a growing company much bigger than he alone.
According to Dr. McDowell: “The work with Polaris Healthcare has allowed me to enter a new chapter where I can eventually help my company grow without being tied to the chair all the time.”
For more details on how we helped improve the value of the business and set up Dr. McDowell for future success, check out the case study. 👇
Discover the inspiring journey of Thomas F. Frist Sr., the richest doctor in the world and co-founder of HCA Healthcare! In our latest video, we delve into his innovative approach to healthcare, his entrepreneurial spirit, and the key business lessons every doctor can learn from his remarkable life. From humble beginnings to revolutionizing the hospital system, Frist's story is a testament to vision, adaptability, and a commitment to patient care. Don’t miss out on these invaluable insights that can transform your medical practice! Watch now!
Discover the inspiring journey of Thomas F. Frist Sr., the richest doctor in the world and co-founder of HCA Healthcare! In our latest video, we delve into his innovative approach to healthcare, his entrepreneurial spirit, and the key business lessons every doctor can learn from his remarkable life. From humble beginnings to revolutionizing the hospital system, Frist's story is a testament to vision, adaptability, and a commitment to patient care. Don’t miss out on these invaluable insights that can transform your medical practice! Watch now!
What do physicians need to know about maximizing the value of their medical real estate? ⬇
On this episode of Docs Doing Deals, attorney Gary Herschman hosts a conversation with Collin Hart, CEO of ERE Healthcare Real Estate Advisors, and Epstein Becker Green attorney Zlata Fayer, about medical real estate.
In this webcast series, Epstein Becker Green breaks down the basic elements of a health care deal for physicians interested in exploring strategic transactions.
🔗 Find more episodes and additional resources here: https://bit.ly/4agB1R1#Physicians#PrivateEquity#Healthcare
How are physician groups in different specialties valued in the current market? ⬇
In this episode of Docs Doing Deals, attorney Gary Herschman hosts a conversation with Hector Torres, Managing Director at DC Advisory, and Chance Sherer, Managing Director at VMG Health, about how varying specialties are valued in a transaction.
In our Docs Doing Deals webcast series, Epstein Becker Green breaks down the basic elements of a health care deal for physicians interested in exploring strategic transactions.
🔗 Find more episodes and additional resources here: https://bit.ly/42wEzeQ#Physicians#MergersAndAcquisitions#Healthcare
EVP Enterprise Growth | Commercial Growth | National Sales Leader | Enterprise | Consultants | DE&I |Pharmacy/PBM | Strategy | Mission driven leader disrupting the status quo & making care more equitable and affordable.
2moCongratulations Kay Colegrove, MSPM! Gaia is fortunate to have you join their team!!