by David E. Coit, Jr., DBA, CVA, CVGA, CMAA, and Alan J. Hymowitz Today, there are over 22,000 independent pharmacies out of a total of over 61,000 pharmacies nationwide. In addition, independent pharmacies drive over $73 billion of industry revenue with all signs pointing to continued growth. Customer demand is driven by our aging population, […]
Anyone considering an inbound investment into another country or jurisdiction must give serious thought to taxation. Issues such as privacy, accurate asset valuation and liability protection are important, but it […]
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There is an unfortunate term in the world of healthcare M+A intermediaries when they discuss a difficult, or even disastrous, transaction attempt: the “unrealistic expectations” of a potential seller. It is not uncommon for advisors to blame a failure on the seller’s resistance to adopting transactional expectations more in line with the “real world.” In […]
Coral Springs, Florida, August 17, 2018 — VirtuOx, Inc. (http://www.virtuox.net), a healthcare IT company providing diagnostic tools and services to enable healthcare organizations and professionals diagnose and treat a variety of disease states, announced today the acquisition of Instant Diagnostic Systems (IDS). The transaction was facilitated by VERTESS (http://www.vertess.com), a leading healthcare M+A advisory firm. […]
Bradley Smith ATP, CMAAManaging Director/ Partner, Vertess
Most owners of Durable Medical Equipment (DME) companies regularly attempt to estimate the value of their company. Unfortunately, their estimates can significantly differ from the marketplace “reality,” depending on a number of factors. “All healthcare related companies sell for 2 times annual revenue”, or “My DME should be worth the sum of all of the […]
by Rachel Boynton There is no faster evolving healthcare area than the Medicaid-funded Long Term Care Support Services (LTSS) marketplace. The combination of reimbursement pressure, limited state budgets, and the movement to bring LTSS services under the direct administration of health plans (“carve ins”) is challenging many traditional I/DD providers. The rapid proliferation of health […]
by Alan J. Hymowitz The independent pharmacy marketplace has become one of the most competitive in all of healthcare. Despite the presence of CVS, Walgreen’s and RiteAid on nearly every street corner in America, independent pharmacies are beginning to increase in number. They vary from compounding pharmacies that serve the increasing demand from veterinarians and […]
by David E. Coit, Jr., DBA, CVA, CVGA, CMAA The Substance Use Disorder (SUD) marketplace is dynamic and continues to be impacted by many factors. The valuation of SUD programs is also subject to change, ranging from in-network vs. out-of-network reimbursement and in-house labs to the increasing focus on outpatient services and longer-term social support. […]
by Tom Schramski, PhD, CMAA and Joshua Boynton, CMAA There is quite a bit written about the failure of mergers and acquisition (M+A) activity, occasionally even competing with President Trump’s tweets. The reasons are as numerous as the transactions themselves, while the analyses tend to focus on sexy megadeals and the related personal intrigue of […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Ali J. Farhang of Farhang & Medcoff. Ali has joined IR as our exclusive Employment Law (Corporate) Member in Arizona. ” “HE WHO IS NOT COURAGEOUS ENOUGH TO TAKE RISKS WILL ACCOMPLISH NOTHING IN LIFE.” -MUHAMMAD ALI Ali Farhang and Tim Medcoff founded this […]
by Tom Schramski, PhD, CMAA and Joshua Boynton, CMAA Just 50 years ago nearly 200,000 people with I/DD were locked up in large institutions across the US. Today, about 27,000 people with I/DD live in such environments, including skilled nursing facilities (SNFs) and other similar institutions. This exodus into our communities has dramatically improved the […]
The following is a partial list of current healthcare and human services opportunities offered through Vertess as of April 2018. If you’re interested in learning more about any of the opportunities, please contact the Managing Director listed or email [email protected]. Intellectual/Developmental Disabilities (I/DD) $22 Million Western US Provider Innovative Behavioral Supports (E127T) – Long-term provider […]