Post-Merger Integration Challenges for Medical Devices& How to Overcome Them
Mergers & Acquisition in the healthcare industry has been strong in recent years and is expected to grow. Acquiring a new company or product line can have a positive business impact, but it also comes with implementation, process, quality & regulatory challenges. Especially, in the medical device industry, failure to comply with regulations can result in the loss of authority to deliver products and services.
Post-Merger Integration Issues
Maintaining Momentum
Employee Engagement
Senior Management Issues
The Culture Shift
Technology Integration
Synergy Implementation
Customer Engagement
Communication Challenges
How to Avoid Them
Start integration as soon as the deal is announced
Select integration team members
Plan the integration structure
Create an internal communication plan
Keep the overall message consistent
Establish clear exit criteria
Why Choose IZiel?
At IZiel, our team has upgraded thousands of documents for various acquisition integration projects of Class I, II & III medical device companies. Our Outcome Based & Onshore-Offshore Delivery Model has worked effectively to complete the Post-Merger Integration with a significant reduction in timelines and budgets.