Healthcare M+A advisory firm VERTESS continues its national expansion with the addition of Hilsman Knight, an effective investment banker, as a Managing Director. Hilsman is an alumnus of the University of Mississippi and completed his Master’s degree at Grand Canyon University, where he focused on Healthcare Management. In addition, he has a board operational and […]
If you were asked to name a price at which you’d sell your company, could you do it? What can you do today to achieve the greatest enterprise value, even if you have no immediate plans to sell? Few entrepreneurs know how to measure the financial impact of their management decisions. But if you […]
Volume 4 Issue 14, July 5, 2017 By Karen Zupko, BSJ; David E. Coit, Jr. DBA, CVA, CVGA, CMAA; and Tom Schramski, PhD, CMAA Specialty physicians typically have high-demand skills, possess great passion for their specialty, work ungodly hours, seek out the newest therapeutic developments, and do what they can to advance the standing of […]
Volume 4 Issue 15, July 18, 2017 By Tom Schramski, PhD, CMAA Nonprofit healthcare organizations are undergoing their most significant evolution of the past half century. At the core are fundamental dynamics that are changing the payment for their services in the future. Many nonprofit leaders have decided their hope lies in size and the […]
Here are a few facts and thoughts we would like to share with you from BIO 2017. 1. The US is still the number one producer of drugs in the world: Source : Biotechnology Innovation Organization 2. “Strategics” are looking for innovation more than ever. In the world of BIO, innovation can be done […]
Persons who are not taxation professionals have a hard time to determine whether their consultant possesses professional competence. In order to identify competent taxation experts amongst the more than 92,000 tax consultants in Germany, the Hamburg-based market research institute Statista has performed research and published a listing of the TOP Tax Consulting and Public Accounting […]
The M+A industry regularly reminds us that it’s tough to sell any business, including healthcare companies. Chris Sider of the Exit Planning Institute (EPI) recently estimated that only 20-30% of marketed businesses end up selling. BizBuySell’s 2017 national report suggests that only 20% of listings sold in 2016. Other investment banks and trade associations believe […]
We are excited to be launching our new email newsletter series! Twice a month, we’ll be reaching out to you with key topics that impact your global business. Below, we offer three of the topics that we’ll be touching on regularly. We’ll expand upon our thoughts in our blog, and we invite you to reply […]
Volume 4 Issue 11, May 23, 2017 By Tom Schramski, PhD, CMAA and David E. Coit, Jr., DBA, CVA, CVGA, CMAA The valuation model for healthcare businesses is evolving as quickly as the healthcare marketplace itself. While multiples of adjusted EBITDA (eaarnings before interest, taxes, depreciation and amortization) remain a standard for a quick-and-dirty analysis, […]
YARMOUTH, Maine – After a slow first quarter, buyer appetites for HME businesses are picking up, say M&A analysts. “There’s still more sellers than buyers, but transactions are getting done,” said Rick Glass, president of Steven Richards & Associates. “I think we are bottoming out on the reimbursement, and we’re slowly starting to get some […]
It’s no secret that the home care industry has been in a downward spiral for the past decade, primarily due to declining reimbursements and audits, among other obstacles. As a direct result, the number of providers has decreased, leading to larger and larger companies that can take advantage of economies of scale. Despite these concerns, […]
By Arvind Rao / Neelam Rangwala / Drishti KhambhaytaAugust Consulting (India) Private Limited Since 2014, the Government of India has launched an ambitious program of regulatory reform aimed at making it easier to do business in India. As a result, the Ease of Doing Business in India (EODB) index, a ranking system established by the […]