Acquiring a physician practice? Make sure you perform adequate due diligence
Abstract: Across the nation, community hospitals are scoping out acquisitions of physician practices. Their goal is to boost the bottom line, cut unnecessary costs and improve patient care. If a hospital is interested in acquiring these practices, it’s critical to bring in qualified consultants to ensure that everything is on the “up and up” before any contract is signed. This article offers tips on how to review a hospital’s revenues and expenses and watch out for past commitments.