Accelerating Healthcare Growth Through Acquisition or Recapitalization

by Gene Quigley, Managing Director Many small healthcare business owners struggle when they achieve a certain size or revenue stream. While these owners may see an opportunity to scale, there are challenges: They still have the “mom-and-pop” ideology (i.e., small company mentality) and their organization is not ready or capable of scaling up. This can […]

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Considering Selling Your Healthcare Business? Please Don’t Do This

In this column, I want to talk about an alarming and growing trend — one that’s leading to healthcare business owners getting paid much, much less than they deserve for their company or other potentially disastrous outcomes. This trend concerns owners selling their companies to cold callers. We’ve all received cold calls. Someone calls you […]

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‘Certainty of a Close:’ A Crucial Healthcare M+A Factor

It may seem like a no-brainer that healthcare business owners who are about to embark on a transactional journey would have considered how likely a potential buyer is to actually facilitate the close. Yet surprisingly, this idea of “certainty of close” is often overlooked by would-be sellers in potential healthcare M+A transactions. When this factor […]

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Evaluating M&A Advisors: 5 Questions Healthcare Business Owners Should Ask

Thinking about selling your healthcare business? Then you undoubtedly have many questions. And if you’ve looked to Google to get answers, you’ve probably found that your searches have yielded divergent, overly complex, or abnormally vague responses. Why can’t you find clear answers? It’s because the answer to most of your questions is: It depends. There […]

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SUD Buyer Study: Key Takeaways for Healthcare Business Owners

The information covered in the following column is derived from two sources. First, VERTESS recently conducted a survey of more than 20 buyers of substance use disorder (SUD) treatment providers on a variety of topics, including acquisition strategy and market trends. Second, I engaged in extensive discussions with fellow VERTESS team members who collectively are […]

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Preparing Your Healthcare Company’s Financials for an Exit

During the healthcare M+A process, the benefit of accurate financials cannot be understated. Financial reporting is the foundation on which your business is valued, and meaningful data presented in an organized fashion can lower a buyer’s perceived risk. This likely means more money in your pocket on the closing date. Yet, it is an all-too-common […]

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Mark Cuban Cost Plus Drug Company: How Will it Affect Retail Pharmacy?

About six months ago, the Cost Plus Drug Company, entrepreneur Mark Cuban’s online pharmacy, officially launched. As of late, the pharmacy is receiving significant media attention, including a study published in the journal Annals of Internal Medicine which showed Medicare could have saved nearly $4 billion in 2020 by purchasing generic drugs at the same […]

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Alan Hymowitz of Vertess Joins The Healthcare M&A Update: The Challenges Of Returning To Normal (Virtual Roundtable)

Originally Published by Axial  Managing Director Alan Hymowitz was asked by Axial to participate as one of 5 healthcare-focused deal professionals to talk about shifting dynamics in the healthcare M&A space. Other topics of conversation included the changing operating structure of healthcare businesses and how wages and employment challenges are impacting deals. AXIAL MEMBERS WHO PARTICIPATED IN THE […]

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The Succession Plan: An Estate Plan for Your Business

Many people understand the importance of creating a clear, comprehensive estate plan for their personal life. Ideally, you’ve already taken steps to prepare your Last Will and Testament, Financial Power of Attorney, Healthcare Power of Attorney, and any living trusts you wish to fund for your beneficiaries. Have you applied the same thoughtfulness and thoroughness […]

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Retail Pharmacy Update: Opportunities, Challenges, and Valuations

Prior to the pandemic, the retail pharmacy industry was experiencing significant disruption. We were witnessing a steady increase in transactions and consolidation, Amazon’s entry into the market, significant changes to strategic alliances between major payers and pharmacy benefit managers (PBMs), and the introduction of a wide array of new technologies, just to name a few […]

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TBI Duluth: A Residential and Community Services Success Story

TBI Duluth is a remarkable story. The company is comprised of two companies headquartered in Duluth, Minn.: TBI Residential and Community Services and Pathways to Achievement. TBI Residential and Community Services provides residential foster care services, operating 29 licensed homes for adults ages 18 and up. Pathways to Achievement provides high-quality home healthcare and support […]

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