Physician Practice Acquisition
Physician Practice Acquisition Due Diligence
Southwind executives have been involved in hundreds of physician
practice acquisitions over the past twenty years. Often called upon to
manage the turnaround of acquired physician practices that have
performed poorly, Southwind knows what it takes to structure physician
practice acquisitions for long term success.
Southwind's first step when assisting health systems in acquiring a physician practice is to conduct an acquisition due diligence of the targeted practice. Our physician practice acquisition due diligence process encompasses the following elements:
- Historical financial performance assessment;
- Physician compensation, productivity and operating expenses benchmarking;
- Professional fee revenue cycle operations assessment and improvement strategy;
- Managed care contracting assessment;
- Pro forma financial planning;
- Practice valuation; and
- Integration planning, including:
- Governance;
- Management structure and human resources integration analysis and planning;
- Physician compensation plan design;
- Physician employment agreement design;
- Real estate planning;
- Ancillary services impact analysis; and
- Communications planning.