Practice Mergers and Changes of Ownership

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Physicians and medical personnel divorce, merge with other partners, dissolve partnerships and die unexpectedly, which raises a lot of business concerns related to appraisal of the clinic or practice, compensation packages and partnership buy-ins and buy-outs. A myriad of legal issues are at stake in these situations. Practice management consultants may help prevent costly litigation, preferably before any such situations arise, but certainly when they do. Or perhaps, a physician has enjoyed a long and successful career and would like to sell his practice. Consultants can help the physician determine a fair price and find prospective buyers. Some sellers may want to remain anonymous. Potential buyers of practices often want a thorough survey of the business to insure that it is a good investment.

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Related Practice Management Consultants Articles

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• Practice Management Consultants Overview
• What is a practice management consultant?
• Benchmarking
• Practice Start-up
• Practice Mergers and Changes of Ownership
• Practice Policies and Procedures
• Health Information Technology