Fusion’s Post

In case you missed our roundtable, here is a helpful summary of the discussion.

Furst Group believes #DEI is integral to the fabric of an organization. We are committed to embedding these principles into all aspects of our work for an inclusive healthcare industry. Learn more: https://bit.ly/46WtNA1 #DiversityandInclusion #HealthcareIndustry #OrganizationalChange

Thursday Thoughts: Kaiser closes Geisinger Health acquisition, forming Risant Health. Kaiser Permanente has acquired Geisinger Health and folded it into Risant Health, a new nonprofit formed to create a national value-based care network. Mergers and Acquisitions have become commonplace in the healthcare industry. These mergers have various reasons ranging from financial and reimbursement pressures to sharing a mission and desire to be competitive in providing services through combined resources. Whatever the reason, mergers and acquisitions can be a risky and challenging undertaking with distant organizations trying to unify their operations. Is your organization going through a merger? MedCom can help! Our expert consultants can seamlessly standardize, combine, and merge Charge Description Masters and electronic health records utilizing our patented and customizable software technology. Proven to reduce denials, enhance revenues and sustain results, MedCom specializes in OR Charge Optimization and 835 Payment & Denial Trending Analytics in addition to a variety of CDM Management and Charge Capture Services. Contact us today at 412-481-7710 or consulting@medcomsolutions.com and visit our website at https://lnkd.in/gKdmagih #healthcareconsulting #healthcaremergers #hospitalmergers #healthcareconsultingtechnology #chargemastermanagement #chargemastertechnology

Change is inevitable, especially in healthcare. It's not about the size of our facilities but about how effectively we adapt to new regulations. Since the updates to the MDS, particularly Section GG, many facilities are still struggling to master these changes, which have become a permanent part of our landscape. I’ve spoken with numerous administrators, and the pattern is clear: facilities that fail to engage their entire team in these changes often find themselves facing repeated citations. Sadly, these challenges often culminate in announcements of mergers or closures. Was this the outcome they planned for, or did pride hinder their ability to seek help? As leaders and innovators in healthcare, we must ask ourselves: Are we proactive in adapting to these regulations? Are we involving our teams comprehensively to navigate these changes successfully? It's crucial to step out of our comfort zones and acknowledge when we need support. Let’s not wait until our only options are merging or closing. Let's talk, strategize, and turn these challenges into opportunities for growth and improvement. Here's a question for all administrators: When do you say, "I need help"? And if your answer is "never," I've got news for you... #HealthcareLeadership #MedicareRegulations #MDSChanges #TeamInvolvement #AdaptToSucceed

Remain independent or join a system? That’s the critical decision facing many hospitals today. In this article for AHLA, #ECGMC’s Edward Moran and Jeff Hoffman discuss the factors leaders should consider when assessing the potential for success under each scenario. #mergersandacquisitions #strategicplanning

Will health system M&A soar or dive? “I believe that over the next three years, the landscape of acquisitions, divestitures and joint ventures will continue to reshape the healthcare industry," said Dennis Sunderman, system director of HR M&A, non-employee and provider services at CommonSpirit Health, told Becker's. “Current and proposed legislation, the continued evolution of ownership groups, nonprofit, for profit, and private equity, and the drive to hire and retain exceptionally talented teams, will lead to new innovations and an enhanced focus on the associates affected by the transaction." (Full article below): #mergersandacquisitions #healthcareindustry

Join the #SCOPESummit Budgeting & Resources and Outsourcing advisors for a special fireside chat! Save the date: February 11-14, 2024 in Orlando, FL (https://buff.ly/3WtZoUU). Here’s a sneak peek: In order to develop an effective and cohesive partnership, sponsors, CROs, and sites must all align on not only the goals of their studies but corporate and individual goals as well. This fireside chat will address how sponsors, CROs, and sites can develop strong relationships through strategic discussions, goal alignment, and mutual interest in driving the success of each other. #clinicaltrials #clinicaloperations #partnerships

Healthpeak Properties, Inc. and Physicians Realty Trust (NYSE: DOC) to Combine in an All-Stock Merger of Equals to Create the Pre-Eminent Owner, Operator and Developer of Real Estate for Healthcare Discovery and Delivery   “This combination joins two leading platforms, bringing them to the next level to create a company uniquely focused on healthcare discovery and delivery, a large and attractive playing field with strong secular growth,” said Scott Brinker, President and Chief Executive Officer of Healthpeak. “Physicians Realty Trust brings complementary strengths to Healthpeak, including its internal property management platform and established industry relationships. With a broader footprint in strategically important markets and a high-quality portfolio, we will be able to better serve the real estate needs of leading health system, physician, and biopharma tenants, which we believe is a competitive advantage that should lead to more opportunities for growth and enhanced value creation for shareholders. We expect the transaction to be immediately accretive to each company’s shareholders, augment our strong balance sheet, and position the combined company for offense.”   View Press Release: https://lnkd.in/g7BR6N-X   #healthpeak #healthpeakproperties #onepeakoneteam #docreit #physiciansrealtytrust 

We want to thank Holland & Knight LLP for including Juniper Advisory in the latest episode of "Counsel That Cares: Hospital M&A Trends & Strategic Considerations for 2024.”   Juniper Advisory, Partner, Rex Burgdorfer and Holland & Knight LLP, Partner, Colin Luke explore what's driving M&A activity across the country.   Listen to the full episode here: https://lnkd.in/ggT3Tu_Y   Don't miss out on this informative conversation that's sure to shed light on key strategies and considerations for hospitals and health systems navigating transactions in today's healthcare environment.   #HealthcareTransactions #Hospitals #HealthSystems #Partnering #Acquisitions #Sales #IndustryInsights #CounselThatCares #HealthcareLaw #HealthcareCounsel #HealthcareIndustry #InvestmentBanking 

With a significant uptick in hospital mergers and acquisitions in 2023, and average deal sizes of $591 million, regulatory bodies have stepped up their scrutiny. In an interview with Healthcare Dive, Peter Blau shared what’s driving health systems to continue to seek mergers and acquisitions: “They’re having difficulty recruiting staff, both clinical and nonclinical executives. They are experiencing reimbursement challenges,” Blau said. “So for a lot of these facilities, it’s a very challenging time. It’s very attractive for them to go out and find partners that will allow them to continue to exist and serve the community.” Read more: https://lnkd.in/gA-CK2pc #healthcare #executivesearch #M&A #mergersandacquisitions #regulatoryupdate