A strategic plan should be a living and breathing document. Here are 10 ways to ensure your plan is a road map to success.
Take time to reassess your personal and professional priorities as well as long-term goals for your practice, then adjust your workload as needed.
A merger or acquisition may look perfect on paper, but it’s the people who ultimately guarantee its success — or failure.
Once the deal is signed on the dotted line, it’s make or break time for merging two medical practices. Here’s how to ensure the acquisition doesn’t fall apart.
Owning a medical practice can be stressful. Here are four ways to help you take back your time and focus on what really matters.
The decision to buy, sell, or merge a medical practice is more complicated than ever, and physician owners must have a clear understanding of the legal structure of the potential transaction.
Physician entrepreneurs need know-how and a strategic vision to run a company. They also need to know what they don’t know so they can fill those critical knowledge gaps.
A thorough valuation can help you position your medical practice as an attractive prospect for potential physicians and investors. It’s also a useful exercise to measure the health of your practice.
In order to be successful, a merger must be followed up with a detailed course of action.
When determining the value of a practice, several factors should be considered, including historical growth, forecasting future performance, and practice size.