MasterClassTM |
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Law Sponsor
Media Partners
First Annual MasterClass™ on
P.E. INVESTING
IN HEALTHCARE DEALS
Are We At the Top of the Cycle?
Where Should the Smart P.E. Money Head?
Featuring 20 Expert Speakers
Attendance for This Program is Limited--
Register Now
Click Here to Register >> Forward to a Colleague >>
FULL-DAY MASTERCLASS
Thursday, July 20, 2006
8:00 am – 5:30 pm
New York City
Designed to Meet the Needs of GPs & LPs of Buyout, Venture Capital, & Hedge Funds, As Well As Executives of Their Portfolio Companies,
& the Bankers, Lenders, Lawyers, & Other Advisors Who Support Them
Faculty | Schedule | Registration | Location | Sponsorship | Audio Package
Once again, the lure of "favorable demographics" has enticed numerous private-equity investors to the healthcare services industry. What’s more, the capital markets -- particularly the debt side -- are flush with liquidity. And like for many other sectors, healthcare deal valuations are near all-time highs.
Meantime, the healthcare delivery system continues to evolve and the reimbursement climate is changing. Consumers are taking on more and more of the financial risk. Technology is advancing pharmaceuticals, devices, and diagnostics. New business models are emerging --
- the payor universe is continuing to consolidate and looking to rationalize costs
- physicians are looking to diversify their income streams in the face of the challenging business climate
- traditional intermediaries like pharmacy benefit managers and distributors are trying to “add more value” for their customers
Take all these trends together, and you can see why big questions are being raised by savvy middle-market healthcare P.E.. professionals --
- How can I know the good times will keep on rolling? Or will things crash and burn like they did in the late '90s?
- What’s going to happen to the reimbursement climate in Washington?
- What sub-sectors of healthcare services are going to be most successful?
- How do I navigate the reimbursement and regulatory issues?
At this special MasterClass, you'll learn from a faculty of 20 experts who work in the trenches how they’re responding to the enormous activity in the healthcare investing arena, what they’re doing right when they're successful, what they did wrong when they screwed up, and how they see the market evolving over the next year or two.
The program is being chaired by Sean Traynor, a general partner at Welsh Carson Anderson & Stowe, where he focuses on investments in the healthcare industry. Founded in 1979, WCAS is the world’s largest healthcare private-equity investor.
The program is being produced by The Capital Roundtable, the country's only educational organization focused exclusively on the middle-market and smaller-market private-equity communities.
If you are a private-equity or hedge-fund manager, or if you are a senior or junior lender serving private-equity sponsors, or if you provide professional services to the private-equity community, this essential program is designed to give you information you need to make successful investment decisions, as well as numerous opportunities to build new valuable relationships with a host of expert speakers and inquisitive attendees.
When you leave this MasterClass, you’ll have the answers to these questions –
- How are healthcare companies different from those in other industries?
- How do the sales and marketing channels differ from other businesses?
- What are the legal and due-diligence issues you most often encounter?
- How does the political landscape change the outlook for healthcare services buyouts?
- How do rising healthcare costs impact healthcare services investments?
- How does the introduction of new technology impact healthcare companies?
- What are the challenges with revenue recognition in healthcare services?
- How should you manage technological innovation?
- How do you ensure good compliance programs in your companies?
- What are the priorities of managing a healthcare services company?
- What are the five most promising sectors for healthcare buyouts in 2006?
- Where are the mine-fields, and how do you avoid them?
- What are the valuation trends for healthcare services buyouts?
- How is the concept of “leverage” applied to healthcare services buyouts?
- What impact if any will the healthcare services industry see from hedge funds? VCs?
- Which kinds of sectors and business models have acquirers targeted so far and why?
- How often are strategic buyers competing on deals? What is the impact on price?
- Is sector specialization necessary in order to do successful healthcare services investing ?
- What are the key valuation metrics?
- Where do you look for management for healthcare services companies?
- And much much more …
Faculty
Chaired By
- Sean M. Traynor,General Partner, Welsh Carson Anderson & Stowe
Hosted By
- Burt Alimansky, Managing Director, Alimansky Capital Group Inc., and Chairman, The Capital Roundtable
Speakers Include
- Thomas A. Clayton, Partner, Ferrer Freeman & Co. LLC
- James S. Ely III, Managing Director, J. P. Morgan Securities
- Steven Goldsmith, Managing Director, CIT Healthcare LLC
- William J. Gumina, Partner, Apax Partners LP
- Richard Landgarten, Managing Director, Citigroup Inc.
- William D. Lautman, Managing Partner, Nexus Health Capital LLC
- Timothy M. McCrystal, Partner, Ropes & Gray LLP
- John P. McGovern, Health Care Sector Leader, Ernst & Young LLP
- Thomas A. Olenzak, Managing Director, Fountainhead Venture Group
- Othon A. Prounis, Partner, Ropes & Gray LLP
- A. J. Rice, Managing Director, Merrill Lynch & Co. Inc.
- Guy Sansone, Managing Director, Alvarez & Marsal LLC
- Anil Shrivastava, Partner, Bain & Co. Inc.
- Calbraith R. Wheaton, Principal, ABS Capital Partners Inc.
- L. John Wilkerson, Managing Director, Galen Partners
- Nathaniel M. Zilka, Vice President, Golden Sachs & Co.
Schedule
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MasterClass |
Thursday, July 20, 2006 Coffee & Networking Break Adjournment |
Registration
- The registration fee is $1395.
- At the door, if space is available, the fee is $1495.
- Special group rates -- The Capital Roundtable offers a special rate for 3 or more people from your firm. For more info, please contact Katie Safrey at ksafrey@capitalroundtable.com or 212/832-7333 ext 103.
Click Here to Register >> Purchase Audio Package >>
You can pay by credit card (using the links above) or by check. Mail your check and business card to: New York Business Roundtable Inc., 12 East 44 Street, Penthouse, New York, NY 10017.
If the program is oversubscribed, we will notify you immediately and not charge your credit card. (If you need to cancel, please do so by Friday, July 13 at 5:00pm, and we will credit you for a future meeting.)
From time to time, for reasons beyond Capital Roundtable's control, program schedules and speakers become subject to change. We make every effort to announce substantive changes by email to registrants at least 48 hours in advance.
Have a special question? Please contact Katie Safrey at 212/832-7333 ext. 103 or by email at ksafrey@capitalroundtable.com.
Location
University Club
One West 54 Street
New York City
212/247-2100
Please Note: Dress Code for the University Club is jacket and tie for men, and equivalent attire for woman.
Audio Package
Can't attend but want to hear the program? You can buy the audio package along with the handouts. Purchase the audio package online now.
Sponsorship
The Capital Roundtable offers excellent sponsorship opportunities to reach middle-market private-equity community . For more details, visit our Sponsorship Page or contact Katie Safrey at 212/832-7333 ext. 103 or by email at ksafrey@capitalroundtable.com.
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