Meroka
@MerokaInc
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Restoring humanity in healthcare by helping physicians lead with purpose, autonomy, and connection. Supporting independent practices every step.
Joined June 2022
We’re Meroka. We work with independent physicians starting in women’s health, to keep their practices private, sustainable, and thriving for the long term. The result? Independent practices that stay independent. Forever. via @slow
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The @MerokaInc opportunity
Doctor friend of mine is a partner at a firm considering selling to PE. He had several meetings with his partners. We’ve been talking but he calls me as he’s on his way to meet for the last time. Final decision coming. What should he do? Their practice has been approached a
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What if healthcare staff owned the practice too? That’s exactly what @MerokaInc is enabling for private practices, and more... Announcing their $6M seed, led by us and @btv_vc with participation from @8vc and others, to make it happen. Here’s why it matters 👇
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💥 Exciting times! Amazing work by the Meroka team towards an astounding mission!
We just launched with a $6M seed round to restore humanity in healthcare. – Less admin – More patient care – Employee ownership for care teams The future of independent medicine starts here. @btv_vc @slow @8vc
#IndependentPhysicians #EmployeeOwnership #Meroka
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We just launched with a $6M seed round to restore humanity in healthcare. – Less admin – More patient care – Employee ownership for care teams The future of independent medicine starts here. @btv_vc @slow @8vc
#IndependentPhysicians #EmployeeOwnership #Meroka
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In the 1980s, most doctor’s offices were independent, often family-run. Today, the largest employer of physicians is UnitedHealth, with private equity & corporate players close behind. Jordan [@jrwolfe] & Alex Barrett (Meroka CEO) unpack the 3 ownership models on Going Direct.
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This is the reason why we founded @MerokaInc We are going to make a dent in this trend. Great article by @lisa_egbert about the state of affairs of private independent medical practices https://t.co/oC5MTwp85P
statnews.com
By the time Lisa Bohman Egbert closed her Ohio OB-GYN practice, she was using savings just to keep it afloat.
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In recent years, the ABA sector has seen significant consolidation by PE firms. The impact? Stories like Javier's, a 9-year-old living with autism, who initially thrived at his specialized center until it was acquired by a private equity firm. More below
nbcnews.com
Blackstone bought CARD in 2018. By 2023 the autism services company had shuttered 100 locations and declared bankruptcy.
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Young doctors are drowning in debt. Tuition and living cost continually on the rise creates significant pressure for them. It's no wonder older doctors can't find many takers among younger generation of physiciansand often end up selling to private equity https://t.co/8nxbO0iKaf
forbes.com
Learn the average debt of medical students in the U.S. Discover strategies for offsetting medical education expenses.
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Recent findings suggest that private equity firms' debt-heavy strategies negatively impact healthcare companies. 2023 saw a significant rise in bankruptcies among PE-affiliated healthcare firms, and projections indicate a worsening scenario in 2024.
pestakeholder.org
2023 was a record year for large healthcare bankruptcies, and healthcare companies owned by private equity firms accounted for some of the largest bankruptcies: KKR’s Envision Healthcare…
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Jeffrey Fergusson, MD, owner of Colorado Springs Urological Associates, shares how MSOs have elevated his practice. While MSOs are often mistakenly associated with corporatization, they actually offer an effective solution for optimizing clinic management.
coloradopolitics.com
Jeffrey Ferguson Running an independent physician practice, once the norm for doctors, has become increasingly difficult.The problem isn’t medical. It’s the growing operational and financial burden...
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As Baby Boomers retire, they are facing challenges finding successors for their business. ESOP, often overlooked, offers a solution to the problem. It not only facilitates transition but also improves corporate performance and staff retention. More below! https://t.co/TziSXVF2ay
nceo.org
A large body of research explores how employee ownership can benefit workers, firms, and communities. This page provides a guide to key findings.
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PE firms run a short-sighted business model, with the insatiable aim to cut costs and improve margins. What happens when you apply this model to healthcare, specifically hospitals? Poorer patient outcomes and greater risks of complications unfold. ⬇️
healthcare-brew.com
Researchers found higher rates of infections and falls.
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And we're here to help!
Some physicians see private equity as their lifeline over hospital takeovers. There is now a new advocacy organization that is saying PE is the answer. The American Independent Medical Practice Association (AIMPA) is the first of its kind. https://t.co/sgS152znaN
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