Is bigger better?

Article Abstract:

MedPartners Inc is acquiring Caremark International Inc, the latest move in the wave of consolidation in the fledgling physician-management industry. As both companies are publicly traded, the physicians whose practices are affected by the acquisition could not be informed of the deal before the general public without violating federal securities laws. Experts suggest, therefore, that doctors be very sure that the contract they sign with practice-management firms is comprehensive, because it could be sold at some time in the future without their knowledge or input. The Caremark acquisition is only the latest move in an ambitious growth strategy for MedPartners.

Management services, Medical Management Services, Office Administrative Services, Innovations, Health care industry, Medical offices, Caremark Therapeutic Services, MPTR, CK

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Baxter invests in multispecialty group practice

Article Abstract:

Baxter International Inc will spin off a medical care unit to be called Caremark International Inc which will manage group medical practice, plus home health services and prescription drugs. The company plans to acquire the assets of Kelsey-Seybold Clinic, a group of 175 physicians in Houston. The doctors associated with Kelsey-Seybold will form a separate corporation to maintain independence. Caremark will acquire groups of at least 100 physicians with a majority practicing family care.

Surgical appliances and supplies, Surgical and medical instruments, Baxter International Inc. (Deerfield, Illinois), BAX

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Good idea, bad location; a good business plan will help you avoid costly mistakes and keep your practice afloat

Article Abstract:

A professional business planner should be employed by any physician who wants to build a medical practice into a capital venture, according to Melinda McIntyre, pres of First Professional Bank, Santa Monica, CA. A one-page business plan should outline opportunities and risks, including the need for the services offered in the specific community. The strategic plan also reveals the structure of the proposed organization plus financial resources and expected revenues.

Management Consulting Services, Business & Mgmt Consulting, Services, Physicians, Medical professions, Business consultants, Management consultants, Managed care plans (Medical care), Consulting services

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