THE BUSINESS OF HEALTHCARE
M&A insights to keep you one step ahead of the ever-evolving healthcare industry.
Primary & Specialty Physician Care
Physician Practice M&A: a pandemic-inspired 6-step checklist for sellers by Jason Porter at Baird
Buyers and sellers should prepare for increased scrutiny during the M&A due diligence process as a result of COVID pandemic.
Coronavirus Pandemic Influencing Physician Practice Acquisition Market by Christopher Cheney for HealthLeaders
A recent McKinsey & Company survey shows about a third of physicians were considering partnering with a larger company, exiting their practice, or becoming employed.

Provider Consolidation Substantial, Particularly Among Physicians by Jacqueline LaPointe for RevCycle Intelligence
A new study published in Health Affairs found that half of US physicians and 72% of hospitals were affiliated with a health system in 2018, illustrating an increase in provider consolidation and vertical integration between 2016 and 2018.
Maximizing Your Telehealth Return on Investment (ROI) by Monica Leslie Nash, Bryan T. Arkwright
5 best practices to maximize your telehealth ROI.
132 Digital Health Companies Were Acquired in the First Nine Months from Digital Health News
The most acquired sub-sectors included Practice Management Solutions, Data Analytics, mHealth Apps, and Telemedicine.
Top 10 M&A Mistakes Series:
Transact Capital Managing Director Jonathan Brabrand authored and released $100 Million Exit: Your Roadmap to the Ultimate Payday in April 2020. The book analyzes large M&A successes and failures to draw practical, actionable advice that company owners can implement to increase the value of their business and be better prepared for an exit. The following is the first in a running newsletter series Top 10 M&A Mistakes detailing passages from Jonathan's book.
M&A Mistake #10: Over-Complicated Deal Structure
One challenge sellers face in the final closing phase of the transaction is the onset of deal fatigue, exhaustion that often turns into hopelessness that the deal will never close, that the process will stretch on endlessly. The danger of deal fatigue is real, often driven by an over-complicated deal structure.....cont.

Who is Transact Capital?
Transact Capital Partners is a full-service mergers and acquisitions advisory and investment banking firm headquartered in Richmond VA with offices in Roanoke VA, Chicago IL, Orlando FL, and Lexington KY. The firm's strong network of relationships with private investors, senior lenders, private equity firms and professional advisors offers a significant advantage in representing business owners for the sale of their business. Transact Capital's experienced and motivated team of 17 professionals are dedicated to helping business owners identify and achieve their vision for the potential future of the company.

Securities and investment banking transactions are offered through its 100% owned affiliate Transact Capital Securities, LLC, Member FINRA and SIPC.
To learn more about the Healthcare Advisory Group, please contact Mike Gaetano at (804) 612-7101 or mike@transactcapital.com