Sunday, January 30, 2011

Valuing physical assets and equipment in a medical practice.

Doctors often wonder about the value of medical equipment and other physical assets within the context of a practice valuation. I wrote a short bit about tangible assets and how these are considered when determining the value of a medical practice. Physicial assets can be more or less relevant depending on the specialty, type of practice, and nature of the transaction.

Tuesday, January 18, 2011

Sale Pending on Pediatric Practice For Sale Orange County

Sale is pending on this general medical pediatric practice in Orange County. This is a long established practice with a strong net income of ~$350,000 annually. Located in a highly desirable coastal community, providing full scope of pediatric care. Contact medical practice broker for details.

Wednesday, January 5, 2011

Starting a Dermatology Practice - Buying as an Alternative

Buying a dermatology practice versus starting from the ground up depends on numerous factors including the specific market, patient demographic, and number of practices currently available for sale. With the difficulty in starting a medical practice from scratch, purchasing a practice outright is sometimes a better alternative. Earning income from day one and acquiring an established patient base are some of the primary benefits cited. I've previously discussed some of these topics in other articles, including a discussion about the items which should be included in a medical practice business plan. We currently have an opportunity available in Alabama which is an excellent example of a viable alternative to a startup. This is a solid practice focused on medical dermatology and surgical dermatology. The seller currently collects $700,000 annually and maintains a very efficient cost overhead of 32%. Discretionary earnings in the practice are quite robust. The office is situated in a great location within an expanding metro area of Alabama. A mature practice such as this has much potential to continue growing as the patient draw area develops greater needs for dermatologic care. One way in which an incoming buyer could grow and expand the practice is by offering Mohs micrographic surgery, which is currently referred out by the seller. In addition, a cosmetic component could also be offered which is not presently available to existing patients. While a startup can be a very rewarding option for a newly minted dermatologist, an acquisition such as this may be an ideal way to jumpstart a career and attain financial success.

Plastic Surgery Practice for Sale

Selling a Cosmetic Surgery Practice in a prime west-side Los Angeles location. Includes AAAASF certified ambulatory surgery center. The office is located in a prominent medical office building with 2100 square feet inclusive of the surgery center, exam rooms, and consult room. Gross collections are approximately 1,000,000 annually. Most common procedures currently performed include breast augmentation, rhinoplasty, liposuction, and tummy tuck. Incoming buyer could readily expand the practice by offering additional facial plastic procedures to the existing patients. Selling doctor is willing to assist with a Purchase financing is available to qualified buyers. For additional information please contact Medical Practice Sales Consultant: Mo Majdi 800-416-2055 (x225)