FAQ: Merging Medical Practices
Why do medical practices merge?
To expand services, improve negotiating power with payers, share costs, and gain operational efficiencies. Strategic alignment is key. Read more.
What’s the biggest risk in a merger?
Cultural misalignment. Even profitable mergers can fail if values, workflows, and patient care philosophies clash. Why culture matters.
How long does a merger take?
Typically six months to a year, depending on due diligence, system integration, and contract reviews.
Do we need outside help?
Yes. Attorneys, accountants, and consultants with health care experience can identify financial, legal, and operational risks. Strategic diligence checklist.
What should we tell patients?
Be proactive and transparent. Explain how the merger benefits them, address changes, and reassure continuity of care. Managing communication.
Can we keep different EHR systems?
Possible, but not recommended. Unifying systems improves efficiency and reduces errors. Integration guidance.
