Sell to an insurance company? Why not?!

The economy's in the tank, so you have to make a buck somehow, right? Take a look at one viable way to sell your medical practice for fair market value and retire rich.

Key Points

Traditional ways to sell your practice include a hospital sale, company buy out, and partnership buy in/buyout. These are the normal analytics for a sale. But have you considered selling your practice to an insurance company?

You've probably read about the practices-and not just primary care practices-that have been purchased by UnitedHealth Group, Anthem Blue Cross Blue Shield, Cigna, and other insurance companies.

WEIGH THE PROS AND CONS

Because I have met with and interviewed officials from each of these insurance companies, I can share the pros and cons of selling your practice to them.

Advantages:

Some of the disadvantages:

Why do you care? You care because of your patients. In the real world, however, patients possibly could be better cared for both financially and medically by the insurance companies.

Related Videos
Jolie Apicella, JD
Victor J. Dzau, MD, gives expert advice
Ron Holder, MHA, gives expert advice
remote patient monitoring
referral
no shows
effective meetings
phone
© 2023 MJH Life Sciences

All rights reserved.