On Demand - Latest Trends in Cardiology Group Partnerships & Transactions-Webinar Recording

Video Transcription

Video Summary

The webinar was hosted by Kevin Mayer from MedAxiom and featured subject matter experts from Westco Partners and Epstein Becker & Green. The experts provided an overview of the current trends in cardiovascular group transactions, with a focus on private equity involvement. They discussed the challenges and opportunities facing cardiology practices, such as reimbursement changes, regulatory issues, and the entrance of technology giants and private equity firms into the healthcare market.<br /><br />The experts also highlighted the demand and supply dynamics in the cardiology market, including the projected rise in cardiovascular diseases and the limited supply of new cardiologists entering the market. They discussed how private equity firms are attracted to cardiology practices that offer growth potential, have strong compliance and quality of care, and have a solid infrastructure and ancillary service offerings.<br /><br />The experts explained the process of a private equity transaction, including the exploration phase, where an investment banker or consultant assesses the value of the practice, the marketing phase, where potential buyers are approached and initial offers are made, the negotiation phase, where final proposals are received and negotiations are conducted, and the execution phase, where due diligence is conducted and final agreements are signed.<br /><br />The experts also discussed the importance of engaging the hospital in discussions if the practice wants to continue its professional services agreement (PSA) with the hospital. They emphasized the need to carefully consider the terms of the PSA and the non-compete clauses before making any decisions.<br /><br />Overall, the webinar provided valuable insights into the trends and considerations involved in cardiovascular group transactions, particularly with private equity involvement. It highlighted the importance of evaluating options, exploring partnerships, and considering the growth potential and infrastructure of the practice.

Keywords

webinar

cardiovascular group transactions

private equity involvement

challenges

opportunities

reimbursement changes

technology giants

cardiology market

private equity transaction

hospital