The ever-evolving healthcare landscape can present opportunities for both investors and providers while improving care, but success requires careful navigation.
PYA is pleased to introduce a new complimentary webinar series, Healthcare Dealbreakers: What You Don't Know Can Hurt You.
Healthcare dealbreakers are rarely obvious; they lurk under the surface waiting to expose the uninformed who fail to exercise appropriate caution. Participants may learn hard lessons about the unique requirements of healthcare arrangements through lawsuits, failed deals, lost revenue, or compliance exposure.
Each quarter, PYA executives will share practical insights into some of the most complex issues in healthcare, helping investors and providers recognize the warning signs that signal trouble for a potential deal.
The first in our series covered IT and cybersecurity issues. While information technology (IT) due diligence is needed for any deal, it takes on a new level of importance in healthcare transactions. Failure to identify and understand technical vulnerabilities, lack of technology investment, or regulatory non-compliance can make a good deal go bad quickly.
Principal Barry Mathis shared personal and practical experiences in conducting large IT diligence projects. In the webinar, "Healthcare Dealbreakers – IT Nightmares That Could Kill the Deal", the audience learned how these projects uncovered details that ultimately altered or strengthened deals on behalf of investors. Venture capitalists who understand this risk-laden aspect of a healthcare transaction learned how to better navigate compliance issues and HIPAA requirements to protect and grow their investments.
Specifically, Mathis addressed these areas of IT in the healthcare industry:
The webinar took place August 23, 2023.