Overview:
Considering retirement? Selling or Wanting to Buy a Practice? Making this transition requires planning and sufficient time to accomplish this effectively for your patients, staff and family. It more difficult for physicians to sell, transition, start, or purchase a practice. Learn creative strategies to help you accomplish your goals. This seminar will discuss the options, including: bringing in an associate, recruiting, selling the practice, or closing the practice. Included is the latest information on valuation methodology for selling, divorce or estate planning.
Why should you Attend: Learn creative strategies to help you accomplish your goals. This seminar will discuss the options, including: bringing in an associate, recruiting, selling the practice, or closing the practice. Included is the latest information on valuation methodology for selling, divorce or estate planning.
Areas Covered in the Session: - Goodwill or Intangible Asset Value-Is there still value?
- Why it is important to sell the practice before discontinuing surgery or slowing down
- Methods to appraise and value the practice
- Equipment valuation techniques
- Valuing accounts receivable, equipment, leasehold improvement and supplies
- Legal and ethical duties to patients when retiring
- Buy-ins or Sale of Practice- What you need to know regarding methods to appraise the practice
- When to use a practice broker or sell the practice yourself
Who Will Benefit: - Physicians
- Managers
- Administrators
- COO
- CEO