May 1, 2017 - ARM/RCM Issue:
Middle-Market M&A:  A Post-election Follow-up View
     
By: Citizens Commercial Banking
Highlights:
  • Overall, optimism is growing
  • More M&A is anticipated as the result of a more favorable deal-making environment
  • Company valuations should remain steady
  • Longer term optimism is evident as well
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News You Can Use
 
75% of Owners Are Ready for Their Exits, But Their Businesses Aren't    
 
By:  John Brown, Axial
 
If a buyer offered you enough cash for your business to provide you with complete financial security, would you sell today? If your answer is the same as 75% of the owners who answered this question in THE BEI 2016 Business Owner Survey, then it's a resounding "yes".
 
6 Key Elements in a Stay Bonus Plan for Key Executives 
 
By:  Tom Edens 
  1. Amount - Upon change of control event, how much does the Executive receive.
  2. Timing of Payment - What is the timing of payments - closing, year 1 post-close, year 2 post-close? 
  3. Escrow - Is it beneficial to establish an escrow if payment does not occur all at once?
  4. Effect of Stay Bonus on Other Benefits - Does the Stay Bonus alter any other Plans or compensation arrangements with the Executives?
  5. Confidentiality & Non-solicitation - Does the Stay Bonus have a non-solicitation component?
  6. Termination - Upon what conditions does the Stay Bonus Plan terminate prior to payment?
     
ARM/RCM - Recent Industry Transactions
 
Date 
Acquirer 
Target 
Target Description 
Jan 2017 
Bolder Healthcare Solutions LLC 
Business Dynamics Limited 
Provides spine specific RCM services 
Feb 2017 
Centauri Health Solutions, Inc.  
Human Arc Corporation 
Provides eligibility and various reimbursement recovery solutions for hospitals and health plans 
Mar 2017 
Cedar Springs Capital & Crestline Investors  
CarePayment  
Patient financial engagement company 
Mar 2017
NexPhase Capital  MedA/Rx  Provides RCM solutions  
Mar 2017
NexPhase Capital 
RMP Group (Thompson Street Capital) 
Provides patient-focused RCM solutions 

About Us  

 
Marion Financial Corp. is a merger and acquisition advisory firm based in Houston, Texas.  Marion Financial has had an industry focus in the Accounts Receivable Management (ARM) and Revenue Cycle Management (RCM) sectors since 1995.
 

Tom Edens

President

713-988-8000 ext.11

edens@marionfinancial.com
 

Marisa Fiorito

Director - Financial Analysis

713-988-8000 ext.14

fiorito@marionfinacial.com 

   

 
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