The pandemic has driven health systems to find partners for long-term survival and has accelerated the pursuit of strategic alignments that will help them thrive well into the future.
PYA’s Michael Ramey partnered with Isaac Squyres of Jarrard Phillips Cate & Hancock and David C. Pate, M.D., J.D., former CEO of St. Luke’s Health System in Boise, Idaho, for a Governance Institute webinar. They discussed the current climate of healthcare transactions, the assessment of alignment strategies, and due diligence expectations in the face of increased scrutiny.
The webinar offered key considerations for boards and leaders of hospitals and health systems in the COVID era, as they look to partner for scale and stability. It covered:
- Why and how the COVID-19 pandemic is driving the urgency for healthcare organizations to find partners.
- Critical aspects of stakeholder alignment throughout a major partnership transaction, including communications strategies for managing community perception, physician and employee engagement, elected and regulatory stakeholders, and more.
- The variety of partnership options, along with the new challenges presented to closing transactions.
- The risks of pursuing vs. not pursuing partnership opportunities.
The one-hour webinar took place Tuesday, October 6, 2020 and was followed by a live question-and-answer session. View the on-demand recording of the webinar and the presentation slides here.
If you would like more information about strategic alignment, due diligence, and healthcare transactions, contact a PYA executive below at (800) 270-9629.