Practice Valuation

Many of these items should be addressed in advance of going to market or accepting indications of interest from potential buyers.

Physicians who have spent most of their working life building a practice often have no clue how much their business is worth. This lack of knowledge can affect retirement planning, create financial delays when applying for loans and allow inefficiencies to erode the overall value of the practice.

In today’s volatile healthcare market, smaller physician groups are looking to be acquired, while larger ones may want to expand their reach by making an acquisition. Best practices for both include increasing risk management practices and enlisting a competent insurance broker to help maximize the medical practice’s valuation.