The rise of hospital joint ventures: Q&A

Rex Burgdorfer: Waller

Hospital joint ventures have progressed significantly over the past several years; they are now a viable option to help organizations provide services or enter markets they would otherwise be unable to access. They have progressed from a way to align with physicians to a means for building hospital systems and now to a potentially revolutionary approach to population health. This trend is a result of the mounting pressures hospitals and health systems face in the current healthcare environment. Yet, fundamental change in the hospital market also paves the way for innovative partnerships - including joint ventures.

For those hospitals and health systems that are financially sound and have sufficient capital, entering into a joint venture allows them to best position themselves for future success—to thrive rather than just survive. Evaluating strategic alternatives from a position of strength allows the board of a hospital or health system to take its future into its own hands and identify a partner that complements and enhances its operations, capitalization, compliance and quality functions.

Kenneth Marlow recently sat down with Rex Burgdorfer of Juniper Advisory, an independent investment bank working exclusively with hospitals and health systems, to talk more about hospital joint ventures. Over the last 25 years, Juniper has worked with more than 200 nonprofits hospital systems on joint ventures, acquisitions and other partnerships in more than 40 states.

To view a few excerpts from the Q&A between Kenneth and Rex, please visit Rex Burgdorfer: Waller.