What to Consider if Your Private Practice is an Acquisition Target
Medical Economics recently delved into the detailed considerations physicians must consider if their private practice becomes an acquisition target. It emphasized the potential advantages, such as financial gains, increased resources, and improved patient access, but also highlighted the need for careful evaluation. The piece explored the intricacies of valuation methods, due diligence, legal agreements, and patient relationship management throughout the process. It underscored the importance of seeking legal counsel to navigate complex agreements and to protect the practice’s interests. Maintaining transparent communication with patients is crucial, reassuring them about continuity of care for a comprehensive understanding of the complexities involved in practice acquisition.
What to Consider if Your Private Practice is an Acquisition Target (Joyce, CFA, CFP, Medical Economics, 5/1).
