• Revenue Cycle Management
  • COVID-19
  • Reimbursement
  • Diabetes Awareness Month
  • Risk Management
  • Patient Retention
  • Staffing
  • Medical Economics® 100th Anniversary
  • Coding and documentation
  • Business of Endocrinology
  • Telehealth
  • Physicians Financial News
  • Cybersecurity
  • Cardiovascular Clinical Consult
  • Locum Tenens, brought to you by LocumLife®
  • Weight Management
  • Business of Women's Health
  • Practice Efficiency
  • Finance and Wealth
  • EHRs
  • Remote Patient Monitoring
  • Sponsored Webinars
  • Medical Technology
  • Billing and collections
  • Acute Pain Management
  • Exclusive Content
  • Value-based Care
  • Business of Pediatrics
  • Concierge Medicine 2.0 by Castle Connolly Private Health Partners
  • Practice Growth
  • Concierge Medicine
  • Business of Cardiology
  • Implementing the Topcon Ocular Telehealth Platform
  • Malpractice
  • Influenza
  • Sexual Health
  • Chronic Conditions
  • Technology
  • Legal and Policy
  • Money
  • Opinion
  • Vaccines
  • Practice Management
  • Patient Relations
  • Careers

Q&A: When to sell your practice


Ask what you are getting for your practice in terms of your future as an employee and your exit strategy.

Q: Local hospitals are acquiring all of the primary care practices in town. Is it wiser for our small group to sell now rather than later? What does the future hold for small individual groups?

A: Instead of asking whether you should sell your practice now, ask what you are getting for your practice in terms of your future as an employee and your exit strategy. It is no safer or harmful to sell your practice now rather than later. The time frame is irrelevant. It all depends on the price and the structure of the deal you are considering. You should be asking, "What can I get?"

The answer to the reader's question was provided by Medical Economics consultant Michael D. Brown, CHBC, president, Health Care Economics, Fishers, Indiana. Send your practice management questions to medec@advanstar.com

Related Videos
Peter H. Reilly, HUB International
Peter H. Reilly, HUB International: ©HUB International
Peter H. Reilly, HUB International
Robert E. Oshel, PhD
Gary Price, MD, MBA
Victor J. Dzau, MD, gives expert advice
Ron Holder, MHA, gives expert advice
remote patient monitoring
© 2023 MJH Life Sciences

All rights reserved.