Home Authors Posts by Nick Hernandez, MBA, FACHE

Nick Hernandez, MBA, FACHE

Nick Hernandez, MBA, FACHE
52 POSTS 0 COMMENTS
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.
physician-practice-valuatoin

Physician Practice Valuation: What You Need to Know

The methodologies for conducting physician practice valuations of different practices may vary but the basic principles reviewed here are the same.
strategy-long-term-success

What is YOUR Strategy for Long-term Success?

Many medical practices claim to have a strategy when all they have done is goal setting. Here’s how to create a real strategy for long term success.
post-merger-integration

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.
practice valuation

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.
shaking hands 2000 x 1097 px

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.
spread sheet for competitive analysis 1528 x 1020

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 .
Shared vision: Group of doctors seated around a table 2048 x 1259

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.
Doctors and managers at table discussion 799 x 600 px

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.
Shaking hands - Pixabay

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.
team presentation

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.
doctors at a business meeting 2048 x 1365

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.
Shared vision: Group of doctors seated around a table 2048 x 1259

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.