CareSync

Community based ACO specialists...

Joint Venture Planning

In the world of Accountable Care Organizations (ACO’s), healthcare reform and interconnected patients, we believe that the ability to collaborate and joint venture effectively, is a critical success factor for healthcare organizations today. CareSync has developed specific expertise in the development of joint ventures, alliances and joint operating agreements that will help your healthcare organization to:
  • Manage Risk
  • Identify and Assign Responsibility
  • Define Objectives
  • Collaborate Effectively
  • Share Information Seamlessly
We have decades of experience working with hospitals and physicians to successfully incubate, operate and wind-down healthcare joint ventures. We also work with other allied health professionals and the health plan and pharmaceutical industries to craft win-win partnerships with providers. Specifically, CareSync offers these healthcare consulting services for joint venture planning:
  • Business Planning—We can assist your healthcare organization with all the aspects of creating a well thought out and executable business plan for the joint venture.
  • Valuation—Caresync can assist you in determining a reasonable and fair value to be assigned to assets being acquired or contributed into the joint venture.
  • Governance—We can work with you and your joint venture partner(s) to establish a governance structure and ongoing organizational structures.
  • Financial Planning—CareSync can develop financial models and compare alternative business assumptions to assist you in establishing capitalization, financing and profit sharing requirements.
  • Operational Design & Planning—A well run healthcare joint venture requires a strong operating plan and approach. Our experienced healthcare consultants can assist your organization or ACO in identifying best practices and avoiding pitfalls and unnecessary costs as you develop your joint venture.
  • Facilitation and Negotiation—Many joint ventures require significant facilitation at the beginning as the participants explore what and how they will work together. Our team includes trained facilitators that can help you focus on the issues and reach mutually acceptable answers, quickly.
  • Wind Down—Joint ventures sometimes need to be disbanded once their reason for being has ceased or regulatory changes require that they be drawn to a close. CareSync can assist you in creating an orderly dissolution that protects your interests and those of your customers and patients.
CareSync has a strong team of healthcare consultants with deep experience creating and operating healthcare joint ventures. Please contact us to learn more about how we can help your healthcare organization create its next successful collaboration at: jointventures@caresyncconsulting.com