IC 103-2023: The Business of Medicine: Hospital-Based, Academic, Private Practice - Learning How To Succeed-IC 103 - The Business of Medicine: Hospital-Based, Academic, Private Practice

IC 103 - The Business of Medicine: Hospital-Based, Academic, Private Practice - Learning How To Succeed (4/5)

Video Transcription

Video Summary

In this video, a healthcare transactions attorney discusses the increasing trend of mergers and acquisitions in the healthcare industry, specifically for physician groups. The attorney provides insight into the benefits and considerations of partnering with private equity firms. They highlight the advantages of access to capital, experienced executive teams, cost savings, and future monetization opportunities. The attorney also discusses the challenges faced by independent physician groups, such as market consolidation, reimbursement regulations, and acquiring referral sources. They emphasize the importance of exploring the details and understanding the potential benefits before making a decision. The attorney also addresses the considerations for physicians who are employed by hospitals or in professional services agreements, including potential extraction from hospital agreements. They also cover the role of private equity firms in providing support for market challenges and transitioning to value-based care. The attorney concludes by highlighting the importance of finding the right partner and ensuring a cultural fit for a successful partnership. This summary is based on a transcript of a video and does not include any credits granted.

Asset Caption

Gary Herschman

Keywords

mergers and acquisitions

physician groups

private equity firms

cost savings

reimbursement regulations

value-based care