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PetWell Partners Hospital Selling Process

Wondering what the process of selling your hospital is like? Consistent with the flexible partnership options that we offer, our process to closing is customized to fit your individual needs. See below for a sample of what your journey to a transaction with PetWell Partners will entail.

PetWell Acquisitions Approach

It is our mission to honor your hospital's legacy and minimize administrative burdens every day.

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  • cartoon paw print
    Building the
    Initial Relationship
  • cartoon paw print
    Getting to Know
    Your Hospital
  • cartoon paw print
    Closing Process
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Building the Initial Relationship

Whether you are ready to make a move immediately or you are just beginning the process, we encourage you to schedule a time to talk with our Partnerships team. We believe that a good, solid partnership starts here. We want to hear your story of ownership and in return, introduce you to our PetWell culture and approach.

Getting to Know Your Hospital

Our Partnerships team will work with you to collect financial and operational information about your hospital. As relationship building is the cornerstone of what we do, we will schedule a time to visit you and your facility. We want to understand what makes your practice so special and how we can use our resources to continue investing in your hospital. Our team will analyze all of this information and work with senior leadership to draft an offer in the form of a Letter of Intent (LOI).

Streamlined Closing Process

Once you sign the LOI, we can typically close in approximately 60 days. Our goal is to make the transaction as smooth as possible for you. Our team will guide you through a checklist of all items needed for closing, including legal contracts, accounting due diligence, and building inspections/appraisals. Prior to closing we will schedule on-site meetings with your team to introduce our PetWell leadership and HR benefits.

Thorough Integration

Immediately after closing, our Transition team will be on-site at the hospital to begin the HR onboarding and overall integration of the hospital into our family. The Transition team will be available to relieve the administrative burden starting on day one, observe your operational flow and able to answer questions from your team. The Transition process can be summarized as:

  • Phase 1: Listen and learn
  • Phase 2: Implement planned changes in collaboration with hospital leadership
  • Phase 3: The new normal

We would love to hear from you! Call (832) 220-1770 today or submit a form online to hear more about our individualized partnership options.

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