Gettysburg, Pa. (March 18, 2018) — OPEN MINDS and Caregiver, Inc. are pleased to announce the release of their collaborative white paper, I/DD Provider Organizations & Private Equity Funding: Demystifying The Collaboration. This paper explores the landscape of private equity backed organizations acquisition of I/DD providers. With an I/DD market increasingly shaped by external challenges of managed care reimbursement, the implementation of assistive technology devices to deliver care, and competition from the consolidation of service delivery and service delivery organizations, more and more independent provider organizations are faced with the strategic challenge of sustainability. Internal challenges include critical staffing shortages, under funded back office support functions such as payroll and accounting, limitations on IT resources due to budget constraints, and increased competition from larger provider organizations able to provide services at less cost and with greater scope. For many independent provider organizations aligning with another organization may be the best option to tackle these challenges and ensure future sustainability of services.
Private equity backed organizations are stepping in to buy provider organizations through a variety of arrangements. The resulting larger provider organizations are realizing greater purchasing and political power resulting in not only a profit but provider organizations that are able to meet marketplace challenges, innovate and continue to deliver high quality services. Understanding how to find the best partner who shares common goals and visions is critical to embarking on the path to partnership.
To download this white paper, I/DD Provider Organizations & Private Equity Funding: Demystifying The Collaboration, available free courtesy of Caregiver, visit: https://www.openminds.com/market-intelligence/resources/private-equity-backed-organizations-value-to-the-i-dd-market-through-collaborations-with-provider-organizations/
About Caregiver, Inc
Our mission is to enable people with intellectual and developmental disabilities to lead their unique lives with dignity, independence, and inclusion.
Respect for each individual’s abilities is the foundation of our work. We provide an innovative, loving, and home-like environment where individuals can experience life to the fullest and reach their potential. We offer a wide range of living, working, and learning opportunities, based on the individuals’ abilities and goals. We strive to provide the finest services, to help assist those we serve to enjoy productive, dignified, and fulfilling lives. Learn more at https://www.cg-idd.com/
About OPEN MINDS
OPEN MINDS is a national market intelligence and strategic advisory firm focused on the sectors of the health and human service field serving consumers with chronic conditions and complex support needs. Founded in 1987 and based in Gettysburg, Pennsylvania, the 175+ associates provide market insights and innovative management solutions designed to improve operational and strategic performance. Learn more at www.openminds.com.