On this episode of The Banker's Corner, McGuireWoods' Geoff Cockrell invites Mikel Parker, Head of Investment Banking and Managing Director at AMB, to discuss current valuation trends in healthcare IT and other sub-sectors.
As a firm, AMB broadly focuses on healthcare services, healthcare IT, and pharma services, but during this episode, Mikel mainly discusses healthcare IT trends and insights to the company’s services in this sector.
Mikel breaks down the healthcare IT market, pinpointing four main sectors within the concentrated field, as well as the two types of buyers he comes across in his work. In a COVID-world, the trend toward more digital monitoring and healthcare access continues to grow, opening up opportunities for investors and companies alike. From ongoing trends to down-the-line predictions, Mikel discusses all things transactional within the world of AMB, particularly this growing field of healthcare IT.
Featured Guest
Name: Mikel Parker
What he does: As the Head of Investment Banking and the Managing Director at AMB, Mikel handles client strategy, sourcing deals and transaction execution. Over the course of his 20+ years in financial services and investment banking, Mikel has executed transactions across a wide spectrum of industries.
Organization: AMB
Connect: LinkedIn
Notes From the Banker’s Corner
Top takeaways from this episode
★ Healthcare IT has been, and will continue to be, a popular trend. Mikel predicts healthcare IT will continue to prove profitable as companies adjust to this new COVID-world where the digitization of healthcare is so much more vital than it was pre-pandemic.
★ The market is shifting models. Trends seem to show that companies are shifting from transaction-based models to recurring-based models. In other words, companies are changing models to improve their profit margins by switching revenue models.
★ There are four sectors of healthcare IT. Throughout his many transactions with AMB, Mikel has observed four main categories, or sub-sectors, within the realm of healthcare IT: revenue cycle management, patient engagement, HIM coding, and services-side monitoring. As an advisor, each of these needs to be tended to and organized in order for the client to achieve the most success.
Contact
Connect with us on Facebook, Twitter, Instagram, YouTube.
Subscribe to The Banker’s Corner in your preferred podcast app so that you never miss an episode.
This podcast was recorded and is being made available by McGuireWoods for informational purposes only. By accessing this podcast, you acknowledge that McGuireWoods makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in the podcast. The views, information, or opinions expressed during this podcast series are solely those of the individuals involved and do not necessarily reflect those of McGuireWoods. This podcast should not be used as a substitute for competent legal advice from a licensed professional attorney...
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com