Joel B. Charkatz, CPA, CVA, CFE

Before determine the value of your medical practice, you have to know why you're valuing it and how best to approach the valuation process. Here's a look at what you need to know to find out how much your practice is worth in today's market.

A buy-sell agreement is a necessity whenever a physician joins a medical practice in an ownership capacity. To avoid future pain, special attention needs to be paid to the formula you use to value the practice.