Physician Practice Services
Practice Consolidation / Mergers
As physicians seek a stronger presence in the market place and improved financial performance, many are looking toward practice consolidation. The benefits of consolidation are many, from an enhanced ability to invest in ancillary services and improved leverage with payors, to the opportunity for operational improvements not previously available. Hospitals are increasingly seeing value in and advocate for the consolidation of practices. Having a medical staff that is less fragmented, better positioned, and financially more stable is of obvious benefit.
Healthcare Strategy Group is experienced in helping divergent practices come together. We conduct a full assessment of the challenges, develop a comprehensive action plan, help the parties work through the political and cultural differences, and address the details involved, such as differences in pension plans, personnel policies, and the like.
For more information, please contact Neal Barker, Senior Project Manager/Senior Consultant, (502) 814-1189 and nbarker@healthcarestrategygroup.com or contact us directly through our website.
