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Pre-Acquisition Clinical Due Diligence
As a result
of the lengthy delays associated with obtaining State licensure and Medicare
Certification, many people seek to acquire an established hospice rather
than start a new program. Although acquisition may provide a more
timely entry into the hospice industry, it is not without its risks.
Therefore, conducting proper and comprehensive pre-acquisition due diligence
is essential.
Weatherbee
has significant expertise in assessing the infrastructure of hospice
programs, which includes but is not limited to: auditing administrative and
clinical operations; ascertaining the hospice’s level of regulatory
compliance and identifying risk exposures; determining patient eligibility;
and evaluating strengths, weaknesses, opportunities, and threats.
Including these activities in your pre-acquisition due diligence efforts
provides valuable information as to the inherent value of the hospice, the
advisability of the acquisition, and the likelihood of a successful
post-acquisition transition.
For more information about our pre-acquisition clinical due diligence
consulting services, please contact us.
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