Empirical Risk Management

Phone: 772-210-2823

Fax: 772-210-2824

Kameron Gifford, CPC

772-267-9453

Todd Gifford, MBA

772-267-8156

ERM has a NEW Blog:

MRA Alert

At, ERM we understand you have a choice of who represents you in your sale or purchase of a medical practice, and we will close the deal or our services are FREE. 

• ERM Consulting, Inc is a Dual Representation Firm

• Turnkey Medical Practice Sales and Transition Services 

• Knowledgeable, Informed, and Objective Third Party Representation

Contact us today for more information and a no obligation practice valuation!

Financial efficiency drives healthcare M&A up

21%

January 15, 2013 | By Ron Shinkman

Healthcare saw mergers and acquisitions jump 21 percent in 2012 from the prior year, according to a new report from New York-based finance firm Berkery Noyes.

There were 380 total transactions last year, up from 315 in 2011. The total transaction value was $11.96 billion, up slightly from the $11.36 billion recorded in 2011, according to the report.

"The robust level of M&A activity shows that there are plenty of desirable, fast growing companies ... that are attracting very high multiples and appealing to both strategic and financial acquirers,"  Berkery Noyes Managing Director Tom O'Connor said last week in a statement. "In addition, the expiring favorable tax treatment on capital gains helped push some sellers to complete transactions this year."

A lot of the M&A activity is being fueled in part by hospitals acquiring physician practices, O'Connor told FierceHealthFinance.

"The physicians have resisted (modernization), but now they have to be more efficient because it is getting too expensive to provide care in the old-fashioned way," O'Connor said. He added that hospitals also are modernizing their IT infrastructures as a way to get a handle on transactional costs.