Merging Two Medical Practices

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Seven Strategies to Consider Before a Practice Merger

https://thedoctorweighsin.com/practice-merger-strategies/

7. Be skillful at cost cutting. In general, it is much easier to cut costs than to attempt to increase the revenue of a practice on its own. When similar practices merge, they are presented with an opportunity to improve savings through expense reduction …

Things to Consider Before Merging Your Medical Practice - Blog

https://www.practicebuilders.com/blog/7-things-to-consider-before-merging-your-medical-practice/

Lack of Clear Vision: Successful mergers and acquisitions begin with senior leadership …

A Guide to Strategic Due Diligence for Physician …

https://thedoctorweighsin.com/physician-practice-mergers-due-diligence/

The decision to buy, sell, or merge a medical practice is more complicated than ever. There are so many more elements than simply determining a medical …

Practice Group Combinations: A Pre-Merger Checklist

https://www.mcgrathnorth.com/publications/practice-group-combinations-a-pre-merger-checklist/

The checklist set out below provides practice groups contemplating a merged practice with an overview of the pre-merger considerations that should be weighed …

Physician practice consolidation: It's only just begun - STAT

https://www.statnews.com/2020/02/27/physician-practice-consolidation-its-only-just-begun/

About 6,000 of them are in private practice. In 2018, there were only two private equity deals for gastroenterology practices; in …

Tips For Bringing Multiple Medical Practices Under One …

https://www.proclaiminteractive.com/blog/tips-for-bringing-multiple-medical-practices-under-one-brand/

Pick a brand statement that is attractive to your market and achievable with the practice assets that are available. 5. Bring Service in Line with the Brand. When asked what branding is, I often reply that it is “everything.”. …

What You Need to Know About Merging a Medical Practice

https://lslcpas.com/need-know-merging-medical-practice/

Below are 5 issues that should be addressed. Culture: Every medical practice has its own culture and while evaluating a merger, one has to review the culture in both of the …

Merging Medical Practices: How to Create a Unified …

https://upshotstories.com/stories/merging-medical-practices-how-to-create-a-unified-culture-with-better-communication

Healthcare in the United States is constantly changing and the way physicians practice today is dramatically different from 20 years ago. In order to maintain a …

Merging medical practices: look before you leap - PubMed

https://pubmed.ncbi.nlm.nih.gov/8126409/

Current changes in health care are forcing many physicians to merge their medical practices. Because any successful merger requires careful planning, there are many …

Pros and Cons of Merging with Another Medical Practice …

https://amazingcharts.com/what-are-the-pros-and-cons-of-merging-with-a-hospital-or-another-medical-practice/

If the thought of merging with a hospital or another medical practice did enter your mind, you are not alone either. In July 2017, Scott P. Downing and Christopher DeGrande of McGuireWoods LLP, provided a mid-year …

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