There are a number of keys to selling a medical practice, and increasingly doctors are joining larger health systems rather than trying to run a practice on their own. The same is true for urgent care practices, a part of the ambulatory health care system. Urgent care practices usually act as stand-alone walk-in clinics where […]
No matter where you are with your medical practice, if you want to sell one of the best things you can do before you even put it on the market is to grow your practice. Whether that means upgrades, a remodel, or even relocating, the fact that you are growing makes your business more desirable […]
Electronic Medical Records (EMR) is now a reality. From the largest hospitals to the smallest rural practices, medical records have now gone digital. What does this mean when you are preparing to sell your medical practice? There are certainly benefits to having the right EMR, and a good one, before you even put your practice […]
Medical malpractice lawsuits against physicians and their practices are not uncommon. Almost half (49.2%) of physicians age 55 and over have been sued, according to research by the AMA, and over a third of physicians (34%) have had a liability claim filed against them at some point in their careers. We show you how to protect assets […]
This is a question I asked all the time and I think it is one of the most important questions a business owner must navigate. How to decide if it’s the right time to sell a business. Here are my observations from talking to business owners who ask that question. Its better to sell your […]
Dermatologists who are considering the sale of their medical practices should know the latest information about their specialty area and practice consolidation trends. The majority of dermatologist practices (35%) are operated as solo practices or single-specialty group practices (41%). However, 15% of recent practice acquisitions by private equity firms (PEFs) have been dermatology practices, even […]
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