anyone have any experience buying another practice? i have an opportunity to talk to a retiring doc who has been well established for decades locally. tried to forum search but maybe i wasn't typing in the right key words. any link to prior threads is appreciated. still fresh out of fellowship and curious.
get third party evaluation?
I suppose these would be things to consider: cost of clinic building (cap ex, maintenance, side rental opportunities, taxes, basic real estate valuation)? value of current office supplies? value of his shares in ASC? patients (volume, types of insurance to therefore theoretically calculate income based off prior 3 years) ?
ive heard people say "buying the patients" . what does that even mean? patients can choose to go wherever they want and i would have to be in-network with their insurances to be able to see them right?
anything else to look out for?
get third party evaluation?
I suppose these would be things to consider: cost of clinic building (cap ex, maintenance, side rental opportunities, taxes, basic real estate valuation)? value of current office supplies? value of his shares in ASC? patients (volume, types of insurance to therefore theoretically calculate income based off prior 3 years) ?
ive heard people say "buying the patients" . what does that even mean? patients can choose to go wherever they want and i would have to be in-network with their insurances to be able to see them right?
anything else to look out for?