In the inaugural episode of Deal Rx, host Rubin Pusha of Hall Render welcomes guest Bob Ridlen, vice president of corporate development at Ardent Health, for a discussion about health care and private equity through the lens of Ardent – a system comprising 30 hospitals, about 24,000 employees, and 1,700 providers. Bob shares insights about the complexities of health care deal-making. He and Rubin also cover the current market, noting that the anticipated trend toward de novo growth in 2024 didn’t materialize as much as M&A deals did. “We’re looking at a fair amount of deals,” Bob says, often with sellers who are “coming out of the COVID craziness.”
Rubin rounds out the episode by asking Bob a few personal questions, including the best advice he received from a mentor. Tune in to hear Bob’s answer on that question and more.
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Hall Render Advisory Services’ advisor John Marshall talks with Victor McConnell of VMG Health, Matt Robbins of Kaufman Hall and Clayton Mitchell of Thomas Jefferson University Hospitals. Their discussion highlights several real estate factors that implicate the overall JV or M&A transaction: Fair Market Value (“FMV”); facility compliance (regulatory and use); property taxes; facility ownership options; asset disposition or acquisition; new facility development; licensure; and other issues.
Hall Render Advisory Services
Thomas Jefferson University Hospitals
VMG Health
Kaufman Hall
– Coming Soon –