COVID-19 & the Healthcare Real Estate Market: Short-Term Leasing Arrangements & Rent Restructuring

COVID-19 and the Healthcare Real Estate Market: Short-Term Leasing Arrangements and Rent Restructuring

COVID-19 and the Healthcare Real Estate Market: Immediate Reaction On March 11, 2020, the World Health Organization (WHO) declared COVID-19 a global pandemic.  Over the ensuing weeks, local, state, and national governments have enacted a variety of policies focused on reducing the spread of the disease and the short-term impact on the healthcare system. The… Read More

COVID-19: Impacts to ASC Buy-Sell Provisions?

COVID-19 Impacts to ASC Buy-Sell Provisions

Ambulatory surgery centers (“ASCs”) are freestanding facilities which exclusively provide low-acuity surgical procedures to patients on an outpatient basis. Surgical procedures performed at an ASC do not require a hospitalization, typically require less than a 24-hour stay, and do not pose a significant safety risk to the patient. The first ASC was opened in 1970,… Read More

COVID-19’s Impact on ASC Operations & Valuations

COVID-19’s Impact on ASC Operations

Written by Colin Park, Kevin McDonough and Clinton Flume With Coronavirus Disease (“COVID-19”) surfacing in China at the end of 2019 and ultimately arriving in the United States in January 2020, federal and local governments have been forced to react quickly to battle both the health and economic impact of this pandemic. Following the realization… Read More

VMG Health Completes Partnership with Northlane Capital Partners

Dallas, Texas – March 18, 2020 VMG Health, a market leader in healthcare consulting services, has successfully completed a partnership with Northlane Capital Partners, a middle market private firm focused on business services and healthcare. The employees of VMG Health continue to own a significant stake in the business and along with Northlane will continue… Read More

Diagnostic Imaging Financial Due Diligence: 5 M&A Considerations

diagnostic imaging due diligence

Consolidation within the healthcare services industry continues across multiple sectors. Private equity firms with large amounts of uninvested capital are increasingly looking to healthcare service businesses across many subindustries for investment, while health systems are seeking investment in outpatient businesses for integrated delivery models and payor pressure. This attention may increase transaction multiples for desirable… Read More

Managing Physician Compensation Through a Pandemic

coronavirus (COVID-19) pandemic physician compensation

Considerations for Physician Compensation in the Wake of the COVID-19 Outbreak In times of significant economic uncertainty, health system leadership will be concerned with how the downturn might impact their employed physician provider base and the local communities they serve. While the healthcare industry has fared better than others during prior economic downturns, the current… Read More

Combating COVID-19: Hazard Pay for Healthcare Providers

Hazard Pay for Health Care Providers During COVID-19

Written by: Ben Ulrich, CVA, James Tekippe, CFA, Mallorie Holguin, and Thomas Birdsong The outbreak of the novel coronavirus and the disease it causes, coronavirus disease 2019 (“COVID-19”), has gripped the world in a pandemic. As of March 19th, over 205,000 cases and more than 8,500 deaths have been reported worldwide due to COVID-19 [1]. Healthcare systems… Read More

Coronavirus Preparedness and Response Supplemental Appropriations Act (1st Act: March 6th, 2020):

Coronavirus Preparedness and Response Supplemental Appropriations Act (1st Act)

Written by Stephan Peron, Patrick Speights and Kelly Titus General Overview The first major legislation enacted in response to COVID-19 was the Coronavirus Preparedness and Response Supplemental Appropriations Act (“1st Act”) which was signed into law on March 6th, 2020. The bill funds various government agencies and programs to assist in the preliminary relief efforts… Read More