With the healthcare landscape rapidly changing, private practice physicians are looking at options which help them not just survive, but succeed. Many physicians are looking at transactions other than hospital employment, and that is where the experienced team at ABISA can help.
Mergers and Acquisitions
ABISA has extensive experience successfully identifying, executing and integrating medical practice mergers. Through our strategic planning process, we can discuss options and determine what may be appropriate for you situation. Our team can then work with you to see your goals come to fruition.
Joint Ventures
With strong competitive forces in many areas, physicians sometimes contemplate a joint venture with another organization such as a hospital as a means to protect their practice without selling out entirely. Joint ventures are complex relationships and take many different forms. They also need careful planning to make them work. Our team will help you throughout the process including business strategy assessment, due diligence, financial pro forma review, contract negotiations, and partner meetings.
Management Services Organizations
MSOs are entities that help physicians with the administrative work involved in running a practice. MSOs, and the functions they provide, come in many shapes and sizes. We have helped physicians who are considering joining an MSO, those that are currently in an MSO, and those who are looking to start their own MSO. There are many facets to these types of structures, so please contact us to discuss your
particulars and learn how we can help you succeed.
Review and Negotiation of Agreements
A successful medical practice begins with good contracts. While having a good attorney is key for reviewing agreements, you also need someone in your court to look out for your interests from a medical business perspective. ABISA has years of experience reviewing and negotiating contracts. We will actively and aggressively pursue every new contract negotiation or renewal as a means to amend unfavorable terms and conditions.
MSAs. As medical practices partner with practice management companies, a Management Services Agreement is put into place. The team at ABISA has extensive experience working with both entities and is highly qualified to take on this endeavor with your attorney so that the final MSA looks out for your interests as a medical provider.
PSAs. Hospitals are continuing to give thought and direction to their physician alignment strategies and this has yielded some fairly interesting Professional Services Agreements. ABISA will work with your attorney throughout these negotiations to help ensure the value is maximized for you as a provider and for your professional livelihood.