Insights
The Board’s Role in the M&A Process: Meeting Fiduciary Obligations
Chances are that most non-profit hospital boards will be called upon to evaluate a merger/acquisition proposal at some point in the very near future. Healthcare reform is prompting hospitals across the country...
Read MoreThe Impact of Healthcare Reform on Hospital Consolidation
Juniper Advisory and McGuireWoods presented a webinar titled “The Impact of Healthcare Reform on Hospital Consolidation” on September 16, 2010. Speakers included James E. Burgdorfer, principal of Juniper Advisory; Rex J....
Read MoreThe Strategic Alignment Committee
Hospital boards are encouraged to form a “strategic alignment” or similar committee to facilitate the governing board’s ability to evaluate the many business opportunities that will arise for provider organizations...
Read MoreJames Burgdorfer Quoted in the Wall Street Journal
Juniper’s James Burgdorfer was quoted in the Wall Street Journal article “Cash-Poor Governments Ditching Public Hospitals”, which was published on August 29, 2010. Faced with mounting debt and looming costs...
Read MoreHospital Consolidation Trends in Today’s Healthcare Environment
Economic and health policy experts seem to agree that healthcare delivery is a “market failure.” The U.S. spends much more on healthcare than countries with similar economies—16 percent of the...
Read MoreWhole-Hospital Joint Ventures Between Non-Profit and For-Profit Companies
Boards and managements of non-profit hospital companies are experiencing pressure to consider business combination transactions in light of the need for real consolidation of the industry. A whole-hospital joint venture...
Read MoreOwnership Form and Hospital Industry Consolidation
During the current decade, CEOs of many large non-profit systems have reported that the hospital industry is confronted with major systemic issues that can best be addressed by industry consolidation....
Read MoreNon-Profit Boards and the Merger Market: Preparation, Organization, and Approach
This article is Part 2 of our series on the hospital merger market. Part 1 (October, 2007) discussed hospital industry dynamics that have led to many of the change-of-control (“merger...
Read MoreNon-Profit Hospital Boards and the Merger Market
During this decade, non-profit boards have been confronted increasingly with the potential for merger and change-of-control (“merger market”) transactions. There has been a dramatic increase in the need for non-profit...
Read MoreThe Fiduciary Duties in the “Zone of Insolvency”
Directors of healthcare organizations normally owe fiduciary duties to their shareholders or, in the case of nonprofits, to the charitable mission of the organization. As an organization descends to bankruptcy,...
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