Nick Hernandez, MBA, FACHE
Nick Hernandez, MBA, FACHE, is the CEO and Founder of ABISA, a consultancy specializing in solo and small group practice management. He has consulted with clients in multiple countries and has over 20 years of leadership and operations experience. His emphasis has been on developing and maintaining a strong relationship with physicians and identifying areas for business opportunity and support. He holds MBA degrees in both Operations Management and Information Technology & E-Business Management from Wake Forest University. He is also Board Certified in Healthcare Management and has been named a Fellow of the American College of Healthcare Executives.
How to Manage the Post-Merger Integration of Physician Groups
Many physician owners spend months of time and effort closing merger transactions but they stumble when it comes to post-merger integration.
Selling Your Practice? You Need to Understand Valuation
Practice valuation can make or break a business sale because for many physicians, attaching a dollar value to their practice is a touchy subject.
The Most Common Reasons for Failed Group Practice Mergers
Nine common reasons for failed group practice mergers and what you can do to avoid them and ensure your merger's success.
How to Study Your Medical Practice Competition
Understanding your medical practice competition is a crucial business activity for any physician owner. Here are some ways to approach it .
Seven Strategies to Consider Before a Practice Merger
Physician group mergers must be considered as a means to fulfill far greater strategic outcomes rather than mere ends in themselves.
What Are the Best Growth Options for Your Practice?
Figuring out the best growth options for your practice requires that you systematically evaluate all of your potential options for growth.
The Reasons Why Medical Practices Merge
Medical practices merge to lower costs & increase capacity, but diversification, survival during tough times, and competitive advantage play a role as well.
The Competitive Advantage of Strategic Planning
Medical practices that consistently apply a disciplined approach to strategic planning are better prepared to evolve as local markets change and industry undergoes reform.
Successful Medical Practice Succession Planning
Succession planning is one of the most important decisions a physician will face, yet many neglect to plan their exit until they're ready to retire.
Do You Know the Shared Vision of Your Private Practice?
It is imperative that all physician owners have a shared vision and that all staff members are aware of the desired future direction of the practice.
What Medical Practices Should Know About Joint Ventures
Forming a joint venture with another healthcare organization may be seen as a plausible solution. The success of a joint venture though highly depends on thorough research and analysis of the objectives. Here are some pros and cons of joint ventures for medical practices.
How to Meet the Challenge of a Strategic Merger of Practices
The decision to merge should be fully vetted before physician groups decide to go ahead given the risks and the average performance of returns.