VGM & ASSOCIATESHealthcare MSO
Full Menu Search

Succession Planning Guide for Members Released

Published in Women's Health on February 01, 2022

Succession PlanningWe are excited to release our latest member-exclusive resource, “Succession Planning: Identifying What Is Next for Your Business and How to Make It Happen.” Members may download this guide in the members-only portal.

The past few years have brought unique issues to us in the home healthcare marketplace. If you could say anything positive about the COVID-19 pandemic and the associated tough operational obstacles, it might be that it required a lot of businesses to get better at accepting and acting upon the need for change and planning for the future. Succession planning is one step in planning for the future.

This guide is a toolkit to assist in the initial planning steps and procedures to transfer ownership of a business. The guide is made up of four parts, including a detailed guide on how to start to identify what is best for your business, a succession planning template, steps to write a succession plan, suggested steps to take to purchase a home healthcare supplier, and considerations to take when determining if an Employee Stock Ownership Program (ESOP) is right for your business. Download this resource today!

TAGS

  1. business development
  2. essentially women
  3. vgm
  4. women's health

Get Connected

Stay up-to-date on the latest resources and news provided by VGM & Associates.

Sign Up for Email

From Our Experts

Protecting Your Business With Viable and Sustainable Payer Contracts thumbnail Protecting Your Business With Viable and Sustainable Payer Contracts Read how to protect your durable medical equipment, prosthetic, orthotic, and supplies (DMEPOS) business by ensuring that you have payer contracts that have long-term viability, as this is one of the most important factors in determining whether your company ultimately succeeds or fails. Locking the Digital Door to Risk: Proactive IT and Website Security Strategies to Protect Your Business thumbnail Locking the Digital Door to Risk: Proactive IT and Website Security Strategies to Protect Your Business With the increasing number of cyber threats and data breaches, it's important to take the necessary steps to protect your business from these risks. The PHE Is Over: What's Next? thumbnail The PHE Is Over: What's Next? In today's episode of Industry Matters, Mandi Joyner, Senior Director of Marketing at VGM & Associates, talks with three of VGM's payer, billing, and reimbursement experts Ronda Buhrmester, Dan Fedor, and Craig Douglas about the end of the Public Health Emergency (PHE) and what that means for members. How to Navigate Supply Chain Issues thumbnail How to Navigate Supply Chain Issues The DMEPOS supply chain was significantly disrupted by the COVID-19 pandemic, and the industry is gradually making its way back to a more typical state. Nevertheless, certain procedures that were developed out of necessity during the pandemic's onset and peak have evolved into effective best practices. One of the most crucial lessons learned is the importance of close collaboration between providers and their trusted vendors, manufacturers, or distributors to ensure success. The State of DMEPOS: Where Does Our Industry Stand Now, and Where Are We Heading? thumbnail The State of DMEPOS: Where Does Our Industry Stand Now, and Where Are We Heading? Jeremy Stolz, President, VGM & Associates and VGM Fulfillment, outlines several areas of the DMEPOS industry to consider as part of your business' action plan for 2023. VGM & Associates Releases Latest Playbook on Safeguarding Your Future in DMEPOS thumbnail VGM & Associates Releases Latest Playbook on Safeguarding Your Future in DMEPOS VGM & Associates has released the second playbook of 2023, “VGM Playbook: Safeguarding Your Future in DMEPOS.” Essentially Women Announces Website Redesign thumbnail Essentially Women Announces Website Redesign Essentially Women (EW), a division of VGM & Associates, is excited to unveil their newly redesigned website, essentiallywomen.com. Overcoming Staffing Changes One Piece at a Time thumbnail Overcoming Staffing Changes One Piece at a Time VGM member Jim Lehan, Business Operations Director, Lehan Drugs Inc., describes how his business improved their staffing challenges through hiring and retention, automation, and outsourcing.

Give your business an advantage over the competition.

Become a Member