The recent research by Paul Mampilly shows that there are a lot of opportunities for organizations to make supernormal profits through the adoption of the mergers and acquisitions. This is a concept that many organizations have ignored, yet it is one of the breakthrough opportunities for their success. Paul Mampilly submits that by companies forming M&As, there are a lot of benefits that they are likely to reap from each other. One of the benefits that he highlights is the leverage on the customer base of each organization in the merger. Whenever companies merge, or one company purchases the other, the result is that both the parties start enjoying the goodwill of each other and consequently increasing their market base.
On the other hand, the companies involved in the acquisition process benefit from increased revenues. This is a result of the diversification of the areas of investments and hence the reduction of the investment risk. For instance, whenever a company operating in the banking industry merges with another from the transport industry, they manage to enjoy investment options from different the various economic sectors and hence in case of poor performance in one industry, the investment returns would not be adversely affected since the organizations invest in a variety of sectors in the industry.
Paul Mampilly is also categorical in his submission about the management and of the mergers and acquisitions. He says that this is a daunting task and if not well managed, the idea can lead to very detrimental effects to one of the companies or both. However, he states that the most important thing is the dispensation of leadership in the mergers. Whenever the companies merge, the leadership of the organizations is likely to be affected, and if the transfer of this leadership is not handled correctly, it can cause some operational hiccups for the merger.
In his advice, Paul Mampilly recommends that for a merger and acquisition to be successful, it’s always advisable that the leadership of the acquired organization remain intact while the company operates under the umbrella of the acquirer. This would ensure that the production of the company is not interrupted.
InnovaCare Health for the purpose of having the best head members working in the organization added three new executives to the company’s leadership team. Talking about them, Jonathan Meyers is serving as the Chief Actuary Officer (CAO) at InnovaCare health. Before joining InnovaCare Health, Jonathan has been active in actuarial services for many years. He was the Director of Actuarial services at Medicare and Medicaid for Horizon BCBS, he was also Chief Actuary at Healthcare Partners in New York previously.
The second one Penelope is serving as the Chief Administrative Officer at InnovaCare Health. She holds experience of 20 years in the healthcare field. She has served many healthcare organizations as Vice President and Chief Operating Officer. She is a massively recognized personality due to her rich contribution in the medical field.
The third one is Mike Sortino, he is serving as the Chief Accounting Officer at InnovaCare Health. He has gained almost 20 years of experience in insurance and reinsurance industries and 5 years of experience in public accounting.
It is clearly evident that all the leaders are well-polished and experienced, which is very important for the nourishment and successful functioning of the organization. The CEO of InnovaCare Health also has a rich biography. Rick Shinto, is serving as the President and Chief Executive Officer of InnovaCare Health currently. Rick Shinto has 25 years of experience in operational healthcare, managed care with a well-established record track, and also for bringing newest innovative strategies for meeting patient’s satisfaction and providing the incredible financial performance to the clients he deals with. To see more you can visit bizjournals.com
As an expert in his field, Rick Shinto has gained vast experience by working in different healthcare companies. He was the President and CEO of Aveta Inc. from 2008 till 2012. Before that he served as CEO of NAMM California, Rick Shinto was also the COO and CMO for Medical Pathways Management. From 1995-1997 he served as Corporate Vice President of Medical Management for MedPartners. After that, he eft to become CMO for Cal Optima Health Plan. Dr. Rick Shinto began his medical occupation as an internist and pulmonologist working in South California.
Due to his expertise and excellent skills he even received certain awards, Rick Shinto was recognized as 2018’s Top 25 Minority Executives in Healthcare. While he was the CEO and President of Aveta Inc. back in 2012, he received the award of “Ernest and young entrepreneur of the year” for more details you can visit their twitter account.
Dr. Saad Saad is a surgeon who has been recognized for doing thousands of operations that have been successful. He has worked for both those privileged and underprivileged because he wants everyone to have access to quality services.
He has not only been doing successful surgeries, but he has also tried to improve surgical procedures. He has discovered surgical instruments that useful today by other medical practitioners. Learn more about Dr. Saad Saad: http://medicaldailytimes.com/medical-inventions/life-saving-medical-inventions-dr-saad-saad/3570/ and https://www.healthgrades.com/physician/dr-saad-saad-ys6d8
The reason why Dr. Saad Saad has dedicated his time to improve surgical procedures is that he felt he needed to work and improve on the way procedures are done to patients. He has worked as a surgeon for many years, and that is why he knows what patients go through during surgeries. His discoveries in the field of medicine are expected to change the way surgeons work.
They will be efficient in their service delivery, and the patients will experience reduced pain during the procedures. He came up with two inventions and surgical techniques that would enhance surgical procedures and reduce the risks associated with surgeries. He has discovered an endoscope that can use suction as well as a new medical catheter. Read more: When a Child Swallows a Foreign Object – Advice by Dr. Saad Saad and Dr. Saad Saad | Crunchbase
Medical catheters are used for various purposes when performing surgeries. For example, the catheter is placed inside the body of a patient when an operation is being conducted. The inventions mean that surgeons will not have to uses machines to locate the catheter.
Dr. Saad Saad saw the use of a machine is an inconvenience. The radiation and exposure could be harmful to patients. With the patent he has invented, surgeons can scan the body and locate the catheter within a few minutes.
Dr. Saad Saad has also improved the endoscope. The device is used by doctors to see the inside body of a patient who is being treated. The instrument can be inserted into the body and view the places that need to be operated.
But a problem can arise when the view is blocked since liquids get on the way. That forces the doctor to remove the endoscope first and use a suction tube to remove the liquid before inserting it again into the body of the patient.
But with the improved endoscope, the physician can inject the fluid and clean the area where he/she cannot see clearly. That means a clear vision is created and they can work without issues of blurred vision. It is an invention that is expected to help physicians in different ways.
The inventions of Dr. Saad Saad are expected to make the industry better after the devices are released in the market. Currently, they are under the process of mass production and soon we should expect to see them in all hospitals.