Category Archives: Mergers and Acquisitions
Pac-Man Is Gobbling Up the Health Care World: Know Who To Call!
As many of you know, the health care provider world in North Carolina, and throughout the USA, is changing rapidly. Smaller providers are getting absorbed by bigger providers at an increasingly rapid pace. Some of those small providers cannot survive alone without the financial backing of a larger provider.
It reminds me of the Atari game of my childhood, “Pac-Man.” I am sure that all my readers remember playing Pac-Man as a youth or their children playing Pac-Man. If not, you are surely too young to understand this blog.
Pac-Man (or Ms. Pac-Man, in 1982, two years after Pac-Man was released) would gobble, gobble, gobble, gobble up pellets and try to avoid the super scary ghosts, which tried to eat Ms./Mr. Pac-Man. Once Pac-Man consumed all the pellets, you advanced to the next level.
While this analogy is wildly simplistic as an analogy for the current situation in health care in North Carolina and throughout the USA, I find the analogy fitting. Think of the super scary ghosts (Inky, Blinky, Pinky, and Clyde) as…well…certain providers that you should avoid absorbing…or, hence, get eaten alive.
The point of the health care market today is to eat as many pellets as possible without being eaten by Inky, Pinky, Blinky, or Clyde.
I have blogged about this “Brave New World” of health care providers merging, selling, and consolidating previously (you have to love Aldous Huxley). See blog. And blog.
However, I have never provided you with an actual contact with whom you may correspond to explore merger, acquisition, and partnership ventures.
But guess what…for those of you who have continued to read, despite my simplistic analogy, here comes the contact information.
First, the required law disclosure: This is a personal endorsement. There is no guarantee of outcome. My recommendation is not being made on behalf of my law firm, Gordon & Rees, although Mr. Rodgers’ company, see below, is a client of the firm.
So when you are contemplating who to call, my recommendation is Gene Rodgers! ‘Cause he ain’t afraid of no ghosts!!
Meet Gene Rodgers. His company, Community Based Care, is interested in acquiring health care providers in North Carolina, as well as the rest of country. See below:
Gene Rodgers, Community Based Care