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Joint Venture Development |
A physician-hospital joint venture can be a win-win when done correctly, improving hospital-physician alignment and achieving financial goals on both sides. DGA Partners helps you give the joint venture development process the care it needs to assure that your venture is a success.
We assist you in creating a process that gives the physicians a significant role in shaping the venture, while assuring that the hospital has established its own vision from which to guide decision-making. The goals and objectives of all parties are articulated, and reasonable expectations are established.
DGA assists hospitals and health systems to perform each stage of analysis in venture development:
- Looking at all aspects of the joint venture's impact on the hospital
- Understanding the economics of the joint venture prior to starting serious discussions, including volume requirements and breakeven points for a financially successful joint venture, and payer contract requirements
- Deepening the analysis as the venture evolves, including reassessing projections and impacts and creating "what-if" scenarios to address common issues that arise
We make sure you know what the physicians are thinking and are prepared to respond. We will work with legal counsel from beginning to end of the process in establishing ownership structure, capital contributions, governance parameters, non-competes, and other legal compliance issues.
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