Mergers and acquisitions for the radiologist.
In 2006 and the first half of 2007, the rapid pace of global activity contributed to the popularity of mergers and acquisitions (M&A). In fact, the medical imaging industry has a significant history in M&A as well. Along with the expectation of continued growth in medical imaging utilization and other industry trends, radiologists may become more involved in M&A transactions. There is little in the radiology literature dealing with the logistics and pitfalls of M&A. This article is an introduction for radiologists who might consider buying or selling their practices or merging with strategic partners. Although there are significant differences in the approaches of buy or sell situations compared with mergers, they do share several concepts that are outlined. One key to success in M&A transactions is the "process" or approach, which is described with some practical guidelines. Some basic terms and suggestions are also presented for reference.
Fleishon
Howard B
HB
Valley Radiologists Ltd., Glendale, Arizona 85301-1400, USA. hbf@cox.net
D006273:Health Facility Merger / Q000458:organization & administration*; D007373:Interinstitutional Relations; D017008:Negotiating / Q000379:methods*; D011216:Practice Management, Medical / Q000458:organization & administration*; D011331:Private Practice / Q000458:organization & administration*; D011871:Radiology / Q000458:organization & administration*; D014481:United States