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From the category archives: PA360

Buying A Practice

Buyer Beware? Five Things to Consider Before Buying a Practice

The rapidly changing world of health care and the fluctuating economy presents a myriad of challenges to physicians, whether they’ve been in the field for decades or are recent medical school graduates. Is buying a practice the right choice for you? There’s no easy answer. See our five things you should consider before buying a practice. 

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Are You Ready to Buy A Practice? Take This Short Quiz

Whether you’re just starting out from medical school, or you’re taking over after a partner retires, owning a practice is a thrilling and time-consuming venture. It’s all too easy to let your excitement direct your course. Are you sure you’ve prepared for all the tiny details that can make a big difference? Take this short quiz and examine the answers to see if you’re ready to buy a medical practice!

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Three Elements of a Successful Practice Transition Plan

The last six miles of a marathon are the most difficult. No one wants to give up so close to the finish line, yet if you don’t have vital elements in place for your transition plan, you may be doing exactly that. Whether you are handing the reins of your practice over to an associate or you are purchasing a practice, it’s vital that you preserve the quality of the brand. See the three main elements of a successful transition plan.

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