Whitney Palmer

How to Survive a Merger or Acquisition in Radiology

Published on the Jan. 28, 2016 DiagnosticImaging.com website

By Whitney L.J. Howell

Mergers and acquisitions have been a radiology conversation topic for several years. The number of practices melding hasn’t increased significantly, but it’s a possibility that concerns many.

If you’re facing this decision, industry experts have guidance on when it might be beneficial and what you can expect in 2016.

Reasons to Conjoin
There are several reasons for considering a merger or acquisition, according to Lawrence Muroff, MD, the chief executive officer and president of consulting firm Imaging Consultants, Inc., and radiology professor at the University of Florida and University of South Florida Colleges of Medicine,.

“Typically a merger or acquisition provides protection or is for the perceived or actual need to provide specialty expertise on an around-the-clock basis or for the opportunity to confront or negotiate with your hospital system to step-up and take responsibility for the entire system,” he said.

You’ll likely merge or acquire for one of these reasons:

To read the remainder of this article at its original location: http://www.diagnosticimaging.com/practice-management/how-survive-merger-or-acquisition-radiology

January 28, 2016 - Posted by wjpalmer | Healthcare | Lawrence Muroff MD, Mark Weiss and radiology mergers & acquisition, radiology mergers & acquisitions, radiology mergers & acquisitions in 2016, Richard Cooper radiology mergers & acquisitions, Trent Conwell and Mach 7