Early Preparation is Key! What is the Process for Third

Tsuji・Hongō Tax CorporationThis news, issued by Tsuji・Hongō Tax Corporation, explains the process of third-party succession (M&A) in medical institutions from the perspective of early preparation, highlighting the importance of addressing structural changes in the medical industry and succession issues. In particular,recommendation for chairpersons and directors to prepare on a 5-10 year timeline starting around age 60provides important insights for many medical institution managers in developing concrete action plans.

In the context of medical M&A and business succession, it suggests the value of not only resolving the absence of a successor but also early recognition and planned execution of the multifaceted benefits of business succession, such assecuring the transfer price, maintaining staff employment, and ensuring continued patient care.By connecting the business to the next generation through third-party succession, rather than choosing closure or廃業 (business closure), a path emerges to sustain contributions to regional healthcare.

Specific insights for managers and those facing succession issues includethe effectiveness of consulting with specialized advisors (M&A Medical is cited as an example in this news) from an early stage.While some may feel the hurdle to consultation is high, recognizing that entry points such as free consultations and preliminary assessments are available, starting with information gathering is the first step to broadening future options. The expertise of external specialists is indispensable for objectively grasping the current state of one's own institution and identifying the best strategy for business continuity.