The McKinsey Healthcare Practice’s Transact to Build & Scale solution seeks to help increase access to quality, patient-centered care as a strategic imperative for health systems across the country.
Increased access has been shown to benefit not just patients, but also providers and healthcare-services organizations. Integration across the healthcare value chain is rising, along with profit pools, which favor healthcare-service organizations. These industry forces make a compelling case for the exploration of new business building in high-potential segments for companies across the healthcare-services value chain.
Combining programmatic M&A and serial business-building principles—two methods that can drive growth independently—can accelerate integration and value capture for healthcare-services organizations, which ultimately leads to higher system efficiency and patient satisfaction. From acquisition planning and deal execution to asset integration and scaling, the Transact to Build & Scale playbook codifies success factors for serial M&A-focused business builders.
Watch the webinar
Learn more about the path forward for new business building in healthcare
- Why invest in building businesses within the healthcare-services sector?
- Why are transactions an effective way to accelerate business building in this sector?
- How can the odds of success be increased when building and scaling businesses post-transaction?
Keep Exploring
Podcast
Programmatic M&A: Winning in the new normal
-
How to successfully source and execute a string of deals that lead to the creation of a new business.
Healthcare Industry Perspectives
The latest perspectives on the evolution and future of healthcare from our leadership
Article
What to expect in US healthcare in 2023 and beyond
-
Recent developments have complicated the outlook for industry profit pools.
Article
US health systems: Diversify to thrive
-
US health systems are diversifying their businesses to unlock growth and support core hospital operations, carefully choosing investment areas and structures in line with their objectives.
Article
The gathering storm: An opportunity to reorder the healthcare industry
-
Leaders will redesign their organizations for speed, accelerate productivity improvements, reshape their portfolio and innovate new business models, and reallocate constrained resources.
Article
The future of healthcare: Finding the opportunities that lie beneath the uncertainty
-
Healthcare is a dynamic industry with significant opportunity, but cost concerns, uncertainty, and complexity can also make it an unnerving one. Substantial upside exists for players that can deliver value-creating solutions and thrive under uncertainty.
Article
Healthcare’s evolving chessboard: M&A capabilities to accelerate long-term strategy
-
Healthcare organizations can use M&A to drive strategic goals while securing long-term value.
Insights on Programmatic M&A
Develop a deep understanding of Programmatic M&A and its relevance in the healthcare industry
Blog Post
Prime Numbers: When evaluating M&A targets, use multiple metrics, not just your favorites
-
When executives are evaluating a potential acquisition target, they know they should use a range of metrics: net present value, ROIC, ROE, and so on.
Article - McKinsey Quarterly
How one approach to M&A is more likely to create value than all others
-
Two decades of research show that, while large deals still have their place, programmatic M&A strategies continue to create gains in excess total returns to shareholders, at lower levels of risk.
Article
The flip side of large M&A deals
-
Research shows there is a 50-50 chance that companies pursuing large M&A deals will outperform industry peers. Here are the four actions executives can take to increase those odds.
Survey
Practice makes perfect: What sets programmatic acquirers apart
-
While there is no shortcut to outperformance in deal making, a new survey finds that expert acquirers take a different approach to strategy, deal execution, and integration.
Article
Overcoming the cost of healthcare transformation through partnerships
-
Players are adapting to the evolving healthcare landscape by using a range of partnership models—beyond M&A—to create value. Anticipating and avoiding five common mistakes can be key for success.
Article
Unlocking value in large-deal healthcare M&A: How to achieve transformation during integration
-
A transformative integration approach can help healthcare organizations maximize value creation in large deals.
Article
A blueprint for M&A success
-
Programmatic M&A can help companies build resiliency, but this approach to deal making requires a solid game plan—one that will guide proactive deal sourcing and opportunistic deal evaluation.
Building New Businesses
Build, launch, and scale successful new businesses within your organization to drive innovation and growth
Article
Buy and scale: How incumbents can use M&A to grow new businesses
-
Digital disruptors use M&A to build and scale new businesses at speed. Incumbents can do so, too.
Article
A practical guide to new-business building for incumbents
-
Five lessons for incumbents on how to build and scale new digital ventures—and increase their odds of success.
Article
Business building: The path to resilience in uncertain times
-
In an uncertain economy, executives’ first instinct might be to cut costs and shore up established holdings. A better way is to build new businesses.
Article
Leap to the future of healthcare: Reinvent through business building
-
In a post-COVID-19 era, healthcare executives are preparing to reinvent their businesses.
Article
The next frontier of care delivery in healthcare
-
McKinsey explores the latest evolution in healthcare and key changes facing US organizations around care delivery.
Our People
Shubham Singhal
McKinsey Global Institute Chair and Senior PartnerDetroit
Chair of McKinsey Global Institute; Global co-leader of McKinsey's strategic priority on geopolitics; counselor to healthcare institutions on strategy, growth, M&A, business building, and large-scale transformations.
Drew Ungerman
Senior Partner and Global Coleader, Social, Healthcare, and Public Sector entitiesDallas
Leads McKinsey’s Social, Healthcare and Public Sector Entities Practice globally and is Global Leader of McKinsey Health Institute
Neil Rao
Senior PartnerSeattle
Advises health systems and healthcare-services entities on strategy and top-line performance topics, as well as private-equity and venture-capital groups investing in healthcare
Adam Apfel
Senior PartnerBoston
Serves leading companies across the healthcare value chain on issues related to pharmacy, go-to-market strategy, organizational transformation, and operations
Liz Wol
PartnerNew York
Coleads McKinsey's research and client service teams for healthcare M&A, strategy, and corporate finance globally