Health Care Mergers and Acquisitions Basics – Communication Is Key

Presley Law & Associates pic
Presley Law & Associates
Image: plaa-pa.com

Michael Presley serves as an attorney with Presley Law & Associates in Wellington, Florida. Drawing on more than 25 years of professional experience as an attorney, Michael Presley focuses on mergers and acquisitions in primary health care. When going through the M&A process, healthcare organizations need to place a special emphasis on communication.

One of the biggest challenges in any M&A case, but especially in one involving healthcare providers, is cultural integration. When cultures do not line up, mergers can quickly unravel. Cultural integration can be encouraged by frequent communication between M&A leaders and employees.

With effective communication, employees have clear expectations about what their role will be in the new organization and how things will or will not change. When employees are left to figure these issues out for themselves, tensions can mount. Employees who know exactly what their responsibilities are can continue to function well through the transitional period.

Communication also helps build relationships so that individuals feel more comfortable bringing their anxieties and concerns to the table. This information can help M&A leaders understand the cultural elements of each organization that should be preserved and can point to ways of finding common ground.

The Role of Health Care Risk Managers

Health Care Risk Managers pic
Health Care Risk Managers
Image: ashrm.org

Attorney Michael Presley has maintained membership in the Florida Bar for more than 36 years and currently works with clients in the health care industry. In addition to his work as an attorney, Michael Presley is a certified health care risk manager licensed in the state of Florida.

While risk management is relevant to many industries, it may have the most significant impact in health care, which deals with matters of life and death. The role of certified health care risk managers is to minimize the prevalence of and exposure to risks related to safety, finances, and patient care among institutions operating within the medical sector.

The duties of an individual who works as a health care risk manager depend on the needs of the company where he or she is employed. Examples of areas in which a health care risk manager may work include clinical research, claims management, psychology, or emergency preparation. In general, the dynamic nature of the position requires professionals to be flexible and well-rounded, as well as capable of preparing for and dealing with emergency situations. Adept health care risk managers are a key part of saving the lives and livelihoods of patients and personnel through planning, research, and leadership.

United MSO of America, LLC – Working to Advance the Medical Field

United MSO of America, LLC  pic
United MSO of America, LLC
Image: unitedmso.net

Michael Presley works as an attorney with his own practice in Wellington, Florida, where he litigates in the areas of medical malpractice and health care law. In addition to serving as a practicing attorney with more than 35 years of experience, Michael Presley is also the chief executive officer and chief risk officer of United MSO of America, LLC, also based in Wellington, Florida.

United MSO of America, LLC was created to provide structuring and capitalization that builds a national network of healthcare providers. Along with helping to facilitate precision medicine and improve patient response to treatments and procedures, the company also works to lower medical costs and support advancements in the medical field.

United MSO of America is organized under a compliance model that works with individual state laws and Medicare reassignment laws. The company has developed procedures that comply with anti-trust legislation and anti-kickback legislation. The practice is also structured to prevent the corporate practice of medicine and fee-splitting.