Eve Hutcherson on LinkedIn: Congratulations to my friends at Ardent Health Services for their… (2024)

Increasing regulation and competition, along with rising costs, have created a perfect storm for health care systems to join forces.The past couple of years saw Bellin Health of Green Bay and Gundersen Health System of La Crosse, as well as Appleton’s ThedaCare and Froedtert & the Medical College of Wisconsin health system of Milwaukee, combine their resources. Meanwhile, Aurora Health, which has clinics and hospitals throughout the region, completed a merger with Advocate Health Care before that company combined with Atrium Health.The health care industry overall is seeing more cross-market mergers. To learn why, pick up the April issue of Insight: https://loom.ly/Cjyc1aA

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“I would never go back, not for millions of dollars.”Great line from a recent interview with the exceptional Dr. Deborah Moore, M.D.8 years ago she made the leap and started her own DPC practice, and isn’t looking back. I’m very grateful for the courage and tenacity that she and many others have demonstrated by leaving the beaten path and venturing into alternative solutions.Question for the direct-care physicians in my network:What was your experience like making “the jump”?What would you do differently if you could go back and start over? How long did it take before you felt like you were on stable footing again? How much startup capital did it require? (Dr. Moore got away with just $10k.)And most importantly - do you ever miss the way things were? Would you ever be tempted to go back?—P.S. I’ve spoken with a number of DPC docs who are still working on their first 100 members, and I understand that starting a practice from scratch is quite the monumental task.I also know there are many others who are considering making the jump, but have some hesitations.If this is you, please reach out to Dr. Deb and ask about Direct Care Nation. They have some amazing resources to make the business-side of DPC simpler, so that you can focus more energy on the care side of things.If anyone is aware of any other resources, please share them below as well!

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Teladoc Health CEO Jason Gorevic departs after stock falls 22% in February - MobiHealthNews Teladoc Health CEO Jason Gorevic departs after stock falls 22% in February#TeladocHealthCEO - Teladoc Health CEO Jason Gorevic steps down following a 22% stock decline in February. #ReasonsforDeparture - The departure of Jason Gorevic is attributed to the significant decrease in Teladoc's stock value in February. #InterimCEO - Teladoc appoints Chief Operating Officer Mala Murthy as interim CEO following Gorevic's departure. #StockPerformance - Teladoc's stock fell by 22% in February, leading to the departure of CEO Jason Gorevic. #FutureOutlook - Teladoc Health looks to stabilize its stock performance and regain investorai.mediformatica.com#health #teladoc #revenue #stock #teladochealth #departure #platform #earnings #telehealth #digitalhealth #healthit #healthtech #healthcaretechnology@MediFormatica (https://buff.ly/4aDldYV)

Big news for newly formed Peregrine Health and the mental and behavioral healthcare space. The company has announced a $7M Series A funding round, led by BIP Ventures, which supports the formation of the company - a merger of Integrative Life Network and Integrative Health Centers. With this strategic move, Peregrine emerges as a unified mental and behavioral healthcare platform that is expected to enhance access to quality care through a blend of telehealth, outpatient, and residential services. We're honored to have a role in investing in solutions that address such vital healthcare needs. Thank you to Martin Ventures, FCA Venture Partners, and Chapman Capital, for the partnership on this investment. And congratulations to the Peregrine Health leadership team, Ryan Chapman, Betsy Bernstein, Wes Crawford, Sarah Kunz, and Jeff Snyder, for this immense step forward for healthcare. #HealthcareInvestment #MentalHealthAwareness #BehavioralHealthInnovation #DigitalHealth #PeregrineHealth #HealthTechInnovation #MentalWellness #BehavioralHealthCare #UnifiedCareSystems #VentureCapital

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Another week of the journey to building a hospital. Here’s an insight into some of the conversations I’ve been having with investors and how this is similar to the approach to helping people in hospital. (PS: I want to share more about this journey! Would love to know the type of stuff you want to see)

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Ever feel like something is holding you back, but you don't know what?🤔💭🔍Discover your practice’s potential with a NextLevel Practice LAUNCH PROGRAM! This customized, step-by-step plan will set your practice up to improve profitability, patient care, and team performance in a way that requires minimum disruption and produces maximum results.🚀⏳For a limited time, we're offering 40% off of your personalized Launch Program to help you build the practice you’ve always wanted. Plus, if you’re not satisfied, we’ll give you a full refund. There’s no risk involved!🤩Secure your future and sign up for your Launch today!📈💸 https://hubs.li/Q025Q5Kx0

We are attending the 42nd Annual J.P. Morgan Healthcare Conference in San Francisco #jpm24 with plethora of quality meetings. Importantly, and as I stated on our last call, we SELLAS Life Sciences Group, Inc. remain steadfast in our belief that the true value of our company lies in the groundbreaking science and the positive impact it can have on patients' lives.We will further focus on four very important items this year: 1.Enhancing Investor Relations: Next to the regular updates we provide through the ordinary quarterly reports, investor presentations, and investor relations events, we will hold periodic “state of the union” calls to address pertinent corporate and clinical updates as they arise; 2.Strategic Partnerships & Licensing Opportunities: We understand the value and power of collaboration and are actively seeking strategic partnerships and licensing opportunities that could accelerate our growth trajectory and could lead to significant strategic outcomes including co-development and co-commercialization, or beyond.We are working closely with Torreya Partners, part of Stifel Financial Corp.; 3.Share Purchase:AllSELLAS executives purchase SELLAS shares through the Employee Stock Purchase Planand we have recently implemented stock ownership guidelines for senior management and Directorsregardingownershipof SELLAS stock; 4.InternalResource Allocation:We will further adjust and refine internal resources this year.As we have done in the past, we will continue to carefully manage our expenditures and we will ask members of our team to take on more responsibility as we weather through the current market conditions.There will be tough decisions to be made, even if it means becoming a leaner organization, while not compromising the integrity of our ongoing studies.We believe that these strategic initiatives, combined with our strong clinical data and commitment to maximizing shareholder value, will position us for long-term success andthe entire SELLAS team is committed to delivering positive outcomes for our shareholders.

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After decades of successfully managing a renowned group practice alongside a partner, overseeing six locations, three doctors, and a dedicated team of approximately 45 staff members, Dr. Ernest McDowell initiated plans for the next step of the practice’s evolution. Through his engagement with Diwakar Sinha, Perrin DesPortes and the team at Polaris, we helped increase the group practice’s EBITDA by 40% and shortened the timeline toward the sell-side milestone from over two years to just 18 months. As a result, we were able to transact the sale to DSO Specialty Smile Partners at nearly double the initially expected value. Dr. McDowell is now happy to continue with patient care, but with a growing company much bigger than he alone. According to Dr. McDowell: “The work with Polaris Healthcare has allowed me to enter a new chapter where I can eventually help my company grow without being tied to the chair all the time.” For more details on how we helped improve the value of the business and set up Dr. McDowell for future success, check out the case study. 👇

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How are physician groups in different specialties valued in the current market? ⬇In this episode of Docs Doing Deals, attorney Gary Herschman hosts a conversation with Hector Torres, Managing Director at DC Advisory, and Chance Sherer, Managing Director at VMG Health, about how varying specialties are valued in a transaction.In our Docs Doing Deals webcast series, Epstein Becker Green breaks down the basic elements of a health care deal for physicians interested in exploring strategic transactions.🔗 Find more episodes and additional resources here: https://bit.ly/42wEzeQ#Physicians #MergersAndAcquisitions #Healthcare

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Ask a CVS Health Ventures Team Member: Vijay Jun PatelHow is CVS Health Ventures differentiated in the market? Our goal is to be a leading #strategic investor, which means both underwriting compelling financial returns and also finding ways to potentially work in partnership with other parts of our organization. In each aspect of the deal life cycle there is an advantage to working with us. When we get to diligence, we can leverage the experts on our team, so we’re not just learning about the valuation – but also the broader story about how a company might collaborate with CVS Health. We have a dedicated team that helps companies navigate across the enterprise, intentionally driving value towards the two goals of financial returns and collaboration.

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