On May 10, 2017, HMA Information Services hosted the webinar, “Merger Readiness: What Behavioral Health Providers and CBOs Need to Know Before Considering a Healthcare Merger.”
Behavioral health providers and community-based organizations increasingly face an important decision. Can they continue to go it alone? Or is it time to consider merging with another entity to achieve the scale, scope and sophistication necessary to thrive in a healthcare system that continues to grow only more complex? The answer involves not only an honest assessment of your existing goals, values, market prospects, and potential partners, but a clear understanding of what’s required from a strategic and operational standpoint to make your organization “merger ready.”
During this webinar, HMA Principals Josh Rubin and Meggan Schilkie will outline what behavioral providers and community-based organizations (CBOs) need to know when considering and ultimately pursuing a potential health care merger and the steps to take during each merger phase (Pre-Merger, Merger Execution, and Post-Merger). Listen to the recording and:
- Understand the pros and cons of merging with a large health system vs. teaming up with another behavioral health provider, Federally Qualified Health Center or CBO.
- Identify the types of data, quality measures, reporting mechanisms, and organizational structure necessary to position your organization as “merger ready” to potential partners.
- Learn how to identify potential merger partners that align with your organization’s culture, values, and mission.
- Develop effective messaging and communications strategies, allowing you to properly educate staff, board members, regulators, and other constituents about the pros and cons of a prospective merger.