Melissa J. Pitchford, CPA

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.