In addition to changes in ownership, our transaction communications advisors support organizations of all size and structure navigate bankruptcies and debt restructuring, management reorganizations, service line expansions and closures requiring regulatory approval, mill levies and other material events.
Challenge A mid-size, regional not-for-profit health system was preparing for its most significant transaction in decades: the acquisition of a for-profit regional health system in a new state. The transaction would double the organization’s footprint, welcome thousands of new colleagues and expand access to care in rural and underserved areas. Healthcare is inherently local, and […]
In 2016 as the state of New Mexico faced both new and continued financial challenges, state agencies were asked to implement dramatic and wide-ranging budget reductions. For hospitals, physicians and dentists, reductions in Medicaid payment rates were expected to reach $78 million. The cuts were expected to have a disproportionate impact on safety net hospitals, which would experience a 5% cut to inpatient payments, a 3% cut in outpatient payments and a 20% cut in the enhanced supplemental payments intended to offset uncompensated care.
After continued financial losses, a large integrated health system made the strategic decision to sell its health plan operations.
