You've merged – now what? Likely, you will begin to examine your service line portfolio and consider which service lines and facilities may be expanded or closed. Even for those who are not involved in a transaction, the need to focus on value rather than volume may mean significant changes in the services you offer.
An orderly transition can renew and energize your hospital team. However, a disorderly closure can be painful for employees, dangerous for patients, and can put you at risk for compliance problems. There are regulatory requirements, human resource actions, and clinical logistics that are unique to closing down or transitioning a healthcare service or facility. We are experienced with the complex technical, management, and communication tasks required and can help you in the following situations:
- Closure of an acute care hospital
- Closure of acute care services and emergency room and the transition of a hospital to non-acute services
- Purchase of a hospital followed by closure and transition of patients and services to another facility within the buyer's system
- Purchase of hospital followed by closure of another hospital in the system
- Closure of clinic services and transition to a federally qualified health center (FQHC) or rural health clinic public/private partnership