Buying A Medical Practice Questions To Ask -
Request a 10-year malpractice history and details on any current litigation.
Compare internal software reports against at least three years of tax returns and profit/loss statements.
Ask for the percentage of revenue from commercial insurance, Medicare, Medicaid, and self-pay. buying a medical practice questions to ask
Negotiate non-compete and non-solicitation agreements to prevent the seller from opening a nearby rival practice.
Explore intangible assets like brand reputation, referral networks, and patient loyalty. Financial & Asset Questions Request a 10-year malpractice history and details on
Buying a medical practice requires a rigorous due diligence process to protect your investment and ensure long-term clinical and financial success. 🏥 Strategic & Relationship Questions
Determine if it is for retirement, burnout, or a hidden issue with the local market or regulations. 🏥 Strategic & Relationship Questions Determine if it
Analyze current physician compensation models to see if they are sustainable or need post-sale adjustments. ⚙️ Operational & HR Questions