Is it a good time to buy a practice? Consider these factors before you make the leap

Description

Abstract: Even in times of economic uncertainty, there may still be opportunities for growth. While some medical practices are struggling, others are doing well —and may want to expand their operations by acquiring a practice. This article looks at some factors potential buyers need to consider before purchase, including goodwill, transition details and revenue adjustments. It notes that with proper due diligence, an acquisition is more likely to succeed over the long term.