Heartspring Group

The Heartspring Group is a specialized Mergers and Acquisitions Intermediary/Advisor to organizations and principals providing services and programs to the developmentally disabled and mentally retarded.  We are an affiliate of Healthcare Transactions Group, Inc., a national Mergers & Acquisitions Intermediary/Advisory firm specializing in healthcare services companies and providers.

Our mission is to assist and to facilitate the sale or purchase of facilities and companies providing these services.  We assist clients by:

• Representing potential buyers and sellers
• Screening and pricing prospective transactions
• Devising alternative strategies to structure and complete the deal
• Negotiating terms and conditions between the parties
• Clarifying regulatory issues and options.
• An Area of Concentration is the divestiture of private facilities to not-for-profit organizations.
• We carry out our work in the strictest confidence to not disrupt existing operations.

The Heartspring Group can help you.  The Heartspring Group represent several well-capitalized national and regional owner/operators of ICF/MRs, group homes and waiver services, which have been acquiring these entities from private owners who wish to retire or pursue other avenues.

While visiting, make sure to look at the Transactions page for a listing of our most recent closed transactions.

In order to consider an acquisition of your program or facility, potential buyers would need to review the following information:

• Medicaid Cost Reports
• Most Recent Waiver or Medicaid Rate Sheet Calculations
• Previous year and year to date Income Statement and Balance Sheet
• Current Census or Utilization Statistics
• Brief Description of Services, Supports and number of individuals served
• Types of Funding, Rates and Length of Contract, if waiver-sponsored
• If real estate is involved, is it leased or owned?
• Detail of Corporate Management and Overhead Charges and All Compensation to Owners & Directors

 
If you need more information, please feel free to contact Mark Davis, President of The Heartspring Group and Healthcare Transactions Group, Inc. at 410-902-2450 or by email.