Hall Render Advisory Services: Leveraging Legal and IT M&A Experience

Today’s healthcare companies incorporate numerous technologies and applications to operate and accelerate the administrative, clinical, IT, and people side of their business, which can lead to complex mergers and acquisitions (M&A) projects.

Hall Render attorneys assist clients at each stage of an M&A transaction: evaluating deal structures and providing strategic advice; conducting and supporting due diligence; negotiating transaction documents; obtaining representations and warranties insurance; and supporting and facilitating the closing of the transaction.

Throughout this process, there is often a need to audit and document key processes and strategies to integrate hundreds of applications, systems, and workflows to manage new business relationships and objectives. This necessitates highly skilled and practical guidance from an experienced and wellrounded M&A team.

Hall Render Advisory Services is positioned to address this requirement by leveraging its “client-side” expertise with our attorneys’ legal experience. With an average of over 20 years of experience each, our advisors provide healthcare organizations with innovative and effective operational and strategic counsel to support their business objectives.

“M&A activities are always a disruption—to your people and the business. We partner with Hall Render attorneys to streamline and ease the transaction and integration burden for clients in M&A projects,” says Dan Cumberland, principal advisor at Hall Render Advisory Services.

Hall Render Advisors complement the legal components of a healthcare transaction, bridging barriers to understanding M&A jargon, scope, processes, and implementation plans for key business objectives at each stage of a project. The collaboration between attorneys and advisors facilitates a streamlined integration product that pieces together all the aspects of the M&A transaction, including the legal, strategic, technical and operational components.

Recently, Hall Render Advisory Services supported a health system that was looking to purchase two hospitals. The system was implementing a new EHR system, and also wanted to integrate the new hospitals at speed and scale.

Hall Render Advisors developed an M&A strategy and IT integration plan that enabled the client to “go live” with the new EHR system in just nine months for the first hospital. Leveraging the process and experience for the first hospital, they shortened the implementation cycle to eight months for the second hospital. Combining strategic and standardization objectives into the integration planning process was key in helping evaluate an approach for each hospital and execute the integration plan faster.

The seamless collaboration between legal and advisory team members provides an industry leading, full-service approach to M&A due diligence and has helped clients navigate complex transaction processes in an efficient and cost-effective manner. Hall Render's experienced healthcare professionals are driven to bring necessary skills, competencies and talent to help meet their clients’ M&A objectives.