6 key factors for system leaders to consider in M&A deals

10 to discuss his intentions of creating a seamless transition plan for patients and employees after the takeover. Additionally, Christine Stewart, AdventHealth’s vice president of integration management and regional COO, highlighted the steps being taken to ensure a smooth handover and shared important factors that healthcare system leaders should consider when engaging in mergers and acquisitions.

Stewart pointed out that the decision to acquire ShorePoint Health-Port Charlotte and ShorePoint Health-Punta Gorda was driven by AdventHealth’s established network in West Florida, making it a natural extension to offer comprehensive services to the community and neighboring areas from a geographical standpoint. The company is dedicated to providing a complete continuum of care to these locations.

When it comes to transitioning patients, employees, and the broader community smoothly, Stewart emphasized AdventHealth’s seasoned integration management team that has been actively involved in leading transition activities at the hospitals for the past 100 days. She highlighted that this process involves various departments working together to create a seamless experience for everyone involved. Every action is carried out with the mission of making patients, team members, and community members feel cared for and supported under the AdventHealth brand promise.

Regarding future acquisition plans, Stewart noted that AdventHealth’s growth strategy is focused on expanding existing networks rather than dispersing resources. Any potential future acquisitions would need to complement the adjacent AdventHealth communities and align culturally with the organization’s mission.

For healthcare system leaders considering mergers and acquisitions, Stewart outlined six essential factors to contemplate:

1. Cultural Fit: Ensure that there is alignment in values and organizational culture.
2. Core Business Enhancement: Evaluate whether the growth from the acquisition enhances the core operations of the organization.
3. Resources and Expertise: Determine if the organization has the necessary resources and expertise to manage every stage of the transaction efficiently.
4. Financial Viability: Assess whether the opportunity is financially sustainable and beneficial for the organization.
5. Seamless Integration: Consider how easily the new acquisition can integrate into the existing network.
6. Leadership Pipeline: Verify that there is a skilled leadership pipeline in place to effectively run the newly acquired entity.

In conclusion, AdventHealth’s acquisition of ShorePoint Health-Port Charlotte and ShorePoint Health-Punta Gorda signifies a strategic move to extend services to a larger community and establish a wider continuum of care in West Florida. The organization’s emphasis on a smooth transition for patients, employees, and the community, along with thoughtful consideration of critical factors when pursuing mergers and acquisitions, demonstrates a commitment to providing high-quality healthcare services and enhancing the patient experience in the region.