Iowa and Illinois health systems to affiliate

Des Moines-based Iowa Health System and Peoria, Illinois-based Methodist Health Services Corp. recently entered into an agreement to form a strategic partnership.  The two currently have a non-binding letter of intent to form the partnership.

After due diligence and other subsequent processes have been completed, Methodist Health Services Corp. will become the 8th senior affiliate under Iowa Health System.

IHS officials said that they became interested in Methodist Health because they feel that they share a similar vision and values and are passionate about providing quality healthcare.  IHS uses a decentralized control system that will keep Methodist Health with its own local board of directors.

If you or someone you know has questions about due diligence in business transactions, contact the Des Moines due diligence in business transactions attorneys of LaMarca Law Group, P.C. at (877) 327-2600 to speak with one of our lawyers today.

What are due diligence considerations in business purchases?

When businesses make large purhcases or acquisitions, they often consider a number of factors. These factors include how the purchase will increase the firm's value over time. 

Along with the financial considerations, the business must also take into account due diligence considerations. These include considering the legal risks and evaluating the other information related to the business. Some companies choose to hire attorneys to help them during this due diligence process. 

If your company requires due diligence services, contact the Des Moines due diligence attorneys of LaMarca Law Group, P.C., at (877) 327-2600. 

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