Author Archive:
Bradley Smith ATP, CMAA
Don’t Make the Big Mistake I Did When Selling Your Healthcare Business
Read more: Don’t Make the Big Mistake I Did When Selling Your Healthcare Businessby Christine Bartel, MBA/MHA, CSA A few months ago, I joined VERTESS as a Managing Director. I became a member of this great team because I want to help healthcare business owners successfully sell their companies. I also want to ensure our clients do not experience what I did when I sold my business. The…
Preparing Your Durable Medical Equipment (DME) Company for a Sale
Read more: Preparing Your Durable Medical Equipment (DME) Company for a Saleby Gene Quigley When the time comes for you to sell your durable medical equipment (DME) company, there will be a lot of work required to go from putting the company on the market to completing a successful transaction. If you want that sales process to go smoothly, there’s a good deal of work you’ll…
Positioning Your Healthcare IT Business for a High-Value Exit
Read more: Positioning Your Healthcare IT Business for a High-Value ExitIn recent years, we have seen healthcare information technology (IT) companies emerge as a leading investment focus for private equity. Healthcare IT has showcased resilience and steady growth even as other healthcare sectors, like healthcare services, faced evolving regulatory challenges. While Healthcare IT faces its own set of regulatory hurdles — especially around data security,…
Why I’m Very Optimistic About Healthcare M&A for 2025
Read more: Why I’m Very Optimistic About Healthcare M&A for 2025by Anna Elliott, CM&AA As a Managing Director at VERTESS, which specializes in healthcare mergers and acquisitions (M&A) advisory, I’ve witnessed the industry’s inherent cycles shaped by the likes of economic trends, regulatory shifts, and technological innovations. The latest analyses point to the likelihood of a significant rebound in healthcare M&A as we near the…
What Is a Confidential Information Memorandum (CIM) in Healthcare M&A?
Read more: What Is a Confidential Information Memorandum (CIM) in Healthcare M&A?There’s the expression, “You never get a second chance to make a first impression.” For many healthcare business owners thinking about selling their company, the first impression they may personally make on prospective buyers will come from a confidential information memorandum (CIM). If that CIM doesn’t represent the business in a professional, positive, and transparent…
10 Reasons Why Healthcare Mergers Fail (and How to Avoid Them)
Read more: 10 Reasons Why Healthcare Mergers Fail (and How to Avoid Them)At least seven out of 10. That’s at the low end of how many mergers and acquisitions (M+As) are likely to fail. The high end? Nine out of 10. These are not misprints. They are conclusions of research, as referenced by Harvard Business Review and other publications. They tell us that 30% of M+As at…
VERTESS Closes Two Pharmacy Deals in Q2
Read more: VERTESS Closes Two Pharmacy Deals in Q2FORT WORTH, Texas, June 19, 2024 /PRNewswire/ — VERTESS (http://vertess.com), a leading healthcare mergers and acquisitions (M&A) advisory firm, is pleased to announce the successful completion of two pharmacy transactions in Q2.
5 Ways To Increase the Financial Value of a Healthcare Company
Read more: 5 Ways To Increase the Financial Value of a Healthcare CompanyOwners of healthcare companies are accustomed to creating financial value for their businesses by focusing on the traditional areas of scope of services, client/patient capacity, and revenue streams via reimbursement yield and patient volume. While revenue growth and operational efficiency are key value drivers for a healthcare company, neither addresses a critical value factor known…
Moving Your Healthcare Company up the Growth Ladder
Read more: Moving Your Healthcare Company up the Growth LadderMost successful companies reach points in their history where big decisions must be made that will determine whether these companies largely remain the same size and stay on their current course or undertake significant changes — and usually investments — that lead to a transformation in size and services. Successfully executing this transformation isn’t typically…
VERTESS Answers: Why Do I Need to Market My Company to Buyers?
Read more: VERTESS Answers: Why Do I Need to Market My Company to Buyers?by David Purinton, CM&AA, VERTESS Managing Director If you own a healthcare company, you are probably receiving inquiries from interested buyers. We view this as buyers marketing themselves to you. At VERTESS, we emphasize the importance of clients marketing their company to buyers as a key step in securing the eventual right buyer and partner.…
6 Recommendations To Run a Better ASC and Achieve a Successful Sale
Read more: 6 Recommendations To Run a Better ASC and Achieve a Successful SalePreparing an ambulatory surgery center (ASC) for a sale is a worthwhile process for center owners regardless of whether they intend to sell their facility in the near future. The process examines an ASC from a potential buyer’s perspective, generating tremendous insights into where an ASC is thriving (what a buyer would find attractive) and…
Corporate Transparency Act: What It Is and What You Need To Do
Read more: Corporate Transparency Act: What It Is and What You Need To DoThe Corporate Transparency Act (CTA) went into effect on Jan. 1, 2024. This federal reporting requirement affects millions of U.S. businesses, and non-compliance with the statute can lead to serious penalties. To gain a better understanding of CTA, whether and how it may affect you, and what steps you should take, read on.