Keith C. Borglum is a state-licensed and Certified Business Broker, appraiser and Certified Healthcare Business Consultant at MedicalPracticeAppraisal.com.
Healthcare provider reimbursement continues to decline and costs continue to increase, eating away at net income. Here are some ways to increase the net income of your practice during the next year.
Around the country, physicians are starting private practices every day. And the economics work if the practice is constructed correctly -- paying for itself and earning equal-to or greater-than that of an employment model.
If you are considering buying a minority interest in a medical practice or other healthcare business, review the seller's appraisal carefully to make sure it is of the appropriate, specified equity interest. Are you really getting a "discount" when it comes with little to no control?