The shift to value-based care and an abundance of cash in the market are some of the drivers impacting healthcare mergers and acquisitions. These and other trends have been strong over the past few months and are expected to continue, impacting transaction planning for buyers.
If you are considering acquiring a healthcare business in 2023, here are seven things you need to know.
1. Value-based care is becoming a key driver in healthcare M&A
Value-based care
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Health IT | News, Analysis, Insights - HIT Consultant
Force Therapeutics Now Available in AWS Marketplace
What You Should Know:
- Force Therapeutics, a full-suite digital care management platform, announced today its availability in AWS Marketplace, a curated digital catalog that makes it easy for customers to find, buy, consume, and manage third-party software, services, and data that customers need to build solutions and run their businesses.
- Through AWS Marketplace, health systems, physician practices, and ambulatory surgical centers will now be able to enjoy the simplified procurement
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Asia/Oceania EMR 2022: Regional Market Share & Vendor Performance
What You Should Know:
- As healthcare organizations have come out of the peak of the COVID-19 pandemic, EMR purchase decisions in Asia have ramped up. In Oceania, most public hospitals have an EMR in place, but purchase energy remains high since many public and private provider organizations are planning large-scale purchases of go-forward EMRs.
- This report—KLAS’ first focused exclusively on Asia and Oceania—highlights (1) market share and vendor energy in recent EMR purchase decisions
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Patient Engagement Survey Reveals Current Patient Preferences for Access and Convenience
What You Should Know:
- Stericycle Communication Solutions (acquired by Carenet Health in December 2022), an industry leader in patient engagement technology and solutions and a service of Stericycle, Inc. (Nasdaq: SRCL), recently announced the findings of its third annual U.S. Consumer Trends in Patient Engagement Survey, conducted by Ipsos, which surveyed 1,004 U.S. adults aged 18 and older.
- The survey examined patients’ current preferences when engaging with their medical providers,
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Midsize/Large Practice Management 2022: Which Vendors Stand Out in an Established Market?
What You Should Know:
- Most practice management (PM) solutions have a long tenure in the market, yet not all vendors successfully meet practices’ needs—which include strong technology and a vendor who acts as a partner in customer success. Historically, KLAS has split PM data by midsize (11–75 physicians) and large practices (76+ physicians); however, independent practices (clinics not owned by a hospital/health system) and owned practices (clinics owned by a hospital/health system) also
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Why Speech Therapy is an Effective Treatment to Counter the Health Challenge of Social Determinants of Health (SDoH)
Over recent years, the virtual speech therapy delivery model has intersected with a host of healthcare disruptions -- value-based care delivery, the COVID-19 pandemic and the influence of social determinants of health (SDoH) have reshaped healthcare delivery. There has been a seismic move away from a provider-centric delivery model to a patient-centric model. This innovation has been made much easier with the ever-present catalyst of technology and its increased patient acceptance.
Speech
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84% of Patients Prefer Front Desk to Tech Options, 87% Face Staffing Challenges
What You Should Know:
- A new study found 84% of providers say patients still schedule care with the front desk, and 73% rely on human calls -- despite all of the advances in communication. A full 87% say they’ve faced administrative staffing challenges over the last 12 months. Of those, one third (35%) found those staffing challenges have had a negative impact on staff morale, and about one in six (18%) noted it has led to longer wait times.
- The survey was commissioned
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Why IT and EHR is Critical for Traveling Nurses
Across the country, hospitals are experiencing staffing shortages, and two years of COVID-19 have taken their toll on the industry.
The pandemic didn’t cause the staffing shortage. However, it exacerbated a growing problem as more nurses opted to retire or leave the profession.
Amid the pandemic, many healthcare professionals burned out while others left the workforce altogether. As a result, many hospitals and physicians’ offices struggle to hire and retain nurses.
The American
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Teleradiology Market Primed to Hit $3.7Bn by 2026 – What’s Driving the Surge in Demand?
4.7bn diagnostic imaging procedures were performed globally in 2021, representing a strong recovery over 2020. Healthy demand for teleradiology services resulted in the global penetration of teleradiology reads into diagnostic imaging procedures bouncing back to 1.9%, and the overall teleradiology reading services and IT market revenue elevating past its pre-pandemic level to USD $1.7bn. With a projection for the market to reach USD $3.7bn in 2026, here I explore five drivers fueling this period
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94% of Consumers are Satisfied with Virtual Primary Care
What You Should Know:
- For people who have used virtual primary care, the vast majority of them (94%) are satisfied with their experience, and nearly four in five (79%) say it has allowed them to take charge of their health. The study included findings around familiarity and experience with virtual primary care, virtual primary care and chronic conditions, current health and practices, and more.
- As digital health technology continues to advance and the healthcare industry evolves, many
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