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Healthcare Progress Starts Here:TM hc1 + Accumen Merge

Mergers, Acquisitions, & Transactions

Overview

Laboratory Mergers & Acquisitions have emerged as a critical strategy for health systems facing financial challenges of their outreach labs. This trend has led to a significant surge in national labs actively pursuing strategic acquisitions of hospital outreach labs, and a willingness to pay a premium for acquisitions.

To meet the rising demand for selling your outreach lab, it’s crucial to understand the true economic value. 

Accumen is here to guide you in making an informed decision.

Our Approach

The Accumen team, of established subject matter experts, leads the way in providing support for health systems to understand the full scope of their outreach division, and ultimately make the decision to Sell, Expand, or Maintain current outreach operations.

Providing Evidence Based Analysis:

Three Phase Solution

The Accumen Team works alongside your organization to understand your goals

and to drive results together, following this three phased approach:

Phase 1

Lab Outreach Valuation

Expert financial modeling of outreach profitability & cashflow – including impact from volume changes with market valuation. 

Additional Financial Valuations:

Phase 2

Request for Proposal (RFP)

Initiate the Request for Proposal (RFP) process, addressing follow-up questions and meticulously evaluating proposals.

Additional Areas of Focus:

Phase 3

Execution

Patient-centered planning and establish mutual guiding principles of long-term partnership vs. simple divestiture. 

Additional Areas of Focus:

Areas of Support

Program Management

Provide program management oversight and leadership during planning, preparation, and implementation of the required activities needed to ensure a smooth transition

Communications

Support for leaders in communicating announcements to impacted teams, those who interact with them regularly, and other stakeholders

Lab IT

Review lab interface technologies that may be impacted by transition activities

Clinical Operations

Supports workflows and issues related to clinical strategies that may be impacted by transition activities

Quality Workstream

Review lab operations that may be impacted by transition activities

Decision Making

Determine the process for final decision making considering competing priorities and bandwidth for changes

Key Team Members

Joe McGann

Vice President/General Manager
Laboratory Operations

Mike Kachure

Vice President,
Strategic Partnerships

Kelly Lucas, MLS(ASCP), MHA

Client Engagement Executive

Jeff Myers

Vice President, Consulting Services

lisa-manley

Lisa Manley

Vice President, Program Management

Joe McGann

Vice President,
General Manager Lab Operations
Over the past 30 years, Joe has held senior positions in the lab industry in both Canada and the United States. As one of Accumen’s original employees, over the last 10 years Joe has been managing a number of Accumen’s larger Clients and now oversees the Lab Operations of Accumen for the entire country. As a result of Joe’s in-depth understanding of all facets of the lab industry, this experience has contributed to Accumen being able to offer a multifaceted approach to Lab Excellence including Operations, Supply Chain, Business Development, Patient Blood Management, and IT. Joe’s experience has allowed him to be a keynote speaker at the Dark Report’s Executive War College. Joe graduated from the Richard Ivey School of Business in London, Ontario and also obtained his CPA with Price Waterhouse Coopers.

Mike Kachure

Vice President, Central Region Strategic Partnerships
Mike Kachure is the Vice President of Strategic Partnerships for Accumen’s central region. He has more than two decades of experience in business development leadership roles. In his current role, Mike leads a collaborative effort with healthcare business executives to identify opportunities for creating additional value from the laboratory. Based on the value created, a partnership is developed through a complete lab transformation plan that reduces risk while accelerating financial and operational outcomes. He received his BS in Engineering from the United States Military Academy at West Point and served in the Army as a 1st and 2ndLieutenant, Combat Engineer.
kelly-lucas

Kelly Lucas, MLS(ASCP), MHA

Client Engagement Executive

Kelly is a Client Engagement Executive responsible for working with laboratory clients to identify opportunities that optimize operations and deliver savings against commitments. She brings over 30 years of experience in clinical laboratory operations with multi-facility healthcare organizations. She has a solid understanding of the challenges faced by healthcare clinicians and administrators to deliver high quality patient care while simultaneously meeting regulatory and business demands. Kelly strives to provide innovative and meaningful information to our clients that drive optimization of operational efficiencies and bring value to the client. She has a proven track record of driving consensus among diverse stakeholders, cultivating and maintaining strong relationships. She has developed strategies for core lab optimization, consolidation/centralization, and supply chain improvements. Kelly earned her BS degree in Medical Technology from Mississippi State University, and her Master’s degree in Management with Healthcare Concentration from Kaplan University.

Jeff Myers, CPA

Vice President,
Strategic Advisory Services

Jeff Myers, CPA, is the Vice President of Strategic Advisory Services for Accumen and provides expertise on Lab Operations, Consolidation, Strategy, Outreach, and Performance Improvement.​ Jeff has over 20 years experience in health care finance, focusing on financial analysis, decision support, strategic guidance, and operational improvement analysis. His industry experience includes physician practice management, health insurance, commercial laboratory, and academic health care systems​. A Certified Public Accountant (CPA), Mr. Myers graduated with honors from the University of Tennessee with a Bachelor of Science degree in Accounting and Business Law.​

Lisa Manley

Vice President, Program Management

Lisa Manley, MBA, LSS MBB, is the Senior Director of Program Management.

Lisa Manley has over 30 years of experience spanning healthcare, chemical manufacturing and consumer products through strategic action, employee engagement and data driven improvements. Responsible for identification and delivery of strategic projects driving financial improvements, exceptional client experience and accelerating employee engagement within matrix organization

A Bachelor’s in Applied Mathematics from the University of Central Missouri; MBA from Park University; Lean Six Sigma Master Black Belt

News

Accumen has fully moved to hc1

Our transition is complete, but our goal remains the same: Transforming the laboratory into a strategic asset by improving patient health outcomes and boosting the health system's bottom line.