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Q: Company to buy medical practice ( Answered,   0 Comments )
Subject: Company to buy medical practice
Category: Business and Money > Finance
Asked by: jas8844-ga
List Price: $100.00
Posted: 12 Aug 2006 12:53 PDT
Expires: 11 Sep 2006 12:53 PDT
Question ID: 755347
I am needing a list of companies with contact information that
purchase medical practices.  This is a VERY, VERY successful surgery
sub-specialty practice.  This practice has two locations with all of
the cutting edge equipment.  The entire practice is computerized (i.e.
patient's charts; x-rays; lab results.)

Request for Question Clarification by pinkfreud-ga on 12 Aug 2006 12:58 PDT
It would be helpful to know where the medical practice is located. At
least the nation, preferably the city and state or province.

Clarification of Question by jas8844-ga on 13 Aug 2006 06:48 PDT
The medical practice is located in Columbia, South Carolina in the United States.

Request for Question Clarification by czh-ga on 29 Aug 2006 12:02 PDT
Hello jas8844-ga,

I have been researching your question and my preliminary findings are
that there are brokers who will facilitate the buying, selling and
valuation of medical practices. I have not found any groups, companies
or individuals who simply buy medical practices. Will information
about medical practice brokers meet your needs? The more you tell me
about the context of your question, the greater the likelihood that I
will be able to get you the information you need.

I look forward to your clarification.

~ czh ~
Subject: Re: Company to buy medical practice
Answered By: czh-ga on 30 Aug 2006 15:04 PDT
Hello jas8844-ga,

I have found several business brokers that specialize in medical
practice sales. This is a very specialized industry and there are a
limited number of companies and consultants that are active in this
field. The geographic location of the broker doesn?t seem to be a key
element in choosing the broker or consultant who can best help you in
selling your very successful practice.

In the course of my research it became clear that appropriate
valuation is key to the sale of your medical practice. I?ve included a
collection of articles that discuss the issues involved in practice
evaluation as well as some companies that specialize in medical
practice evaluation. Several of the companies I found perform a broad
range of services and can do the evaluation and help you with the sale
as well.

I trust that the information I?ve found will help you find a
consultant / broker who can help you with selling your practice.
Please don?t hesitate to ask for clarification if you need further
assistance with this question.

All the best.

~ czh ~

ProMed Financial, Inc. 
14742 Newport Avenue #209 
Tustin, California 92780

ProMed Financial is unique in the healthcare industry offering
Financing, Practice Transition Services and Practice Broker Services
to all healthcare professionals. Over 30 years of experience will
professionally guide you through important career decisions in order
to successfully accomplish your goals.

Practice Sales Services

Medical Mergers Group, LLC
Toll Free   866.712.EXIT (3948) or 636.489.1717
Fax: 636.489.1719
Skype: GlobalMergerGroup
Request a Confidential Call or Email (form)

Whois Record for

Registrant: and Administrative Contact: 
  Eldar Causevic 
  16982 Manchetser Rd 
  P.O. Box 361 
  Grover, Missouri 63040 
  United States

Information About Medical Mergers Group LLC

Medical Mergers Group, LLC is a private investment banking firm
engaged in helping clients sell and license medical companies and
products worldwide. While we assist clients in several industries, we
place substantial emphasis on the Medical and Transportation Sectors.
Our expertise, uniqueness and relationships come from our principals'
extensive involvement in the industry through merger & acquisition
transactions as well as through previous ownership, management and
buying and selling of their own companies.

SPARDATA is an expert business appraiser. Since 1990 we have prepared
over 27,000 valuations of privately-owned businesses and professional
practices. We specialize in valuing businesses with sales between $1
million and $40 million, and with from 10 to 300 employees. Our
bestselling SPARDATA Reports cost $6,000 and take 6-8 weeks to prepare
(or clients may pay a small premium for a rush order completed in 3
weeks or less). About half our clients use our valuations to buy or
sell a business; the other half use them for other purposes such as
updating a buy-sell agreement, doing succession planning, gifting
stock etcetera.

Strogen & Associates, Inc.
443 Lantern Lane
Berwyn, PA 19312
Phone: 610-644-5890
Fax: 610-644-5080

Strogen & Associates, Inc. is a consulting firm that specializes in
the valuation and sale of medical practices. S&A has represented
physicians, hospitals, PPMCs and other healthcare organizations. In
addition to assisting with the sale or purchase of a practice, S&A may
determine the fair market value of a practice for a buy-in or buy-out
of a partner or shareholder, or for litigation support in a divorce or
other dispute.

S&A offers the following services:
 -- Practice Appraisals
 -- Practice Sale or Purchase Assistance 
 -- Medical Practice Financial Consulting  


Medical Practice Brokers, Inc.
15847 Woodmeadow Ct., 
Colorado Springs, CO 80921
Direct Line: (719) 487-9973    
FAX: (719) 487-9974    

What We Do   
Win-Win Practice Sales

Unlike most business brokers, medical practice sales are our
specialty.  We do not sell a medical practice today, and  restaurant
or a print shop or a house tomorrow.  We use a proven systematic
approach to practice sales and valuation.

The Medical Practice Brokers, Inc. (MPB) is a Colorado-based business
broker specializing in the brokerage of professional medical
practices.   MPB has been helping doctors buy & sell medical practices
since 1997.    Our experience, and knowledge of professional practice
transactions, specialized financing knowledge, and protection of your
confidentiality all combine to provide a superior approach tailored to
meet your needs.

How to Find the Right Buyer for Your Practice
(For: Journal of Medical Practice Management)
By Daniel M. Bernick, JD, MBA, and Michael J. Parshall

To receive the best possible offer for your practice, take the
following three steps:

1. Hypothesize the "ideal buyer" for your practice: the buyer who will
find the practice highly desirable.
2. Identify the universe or "pool" of potential buyers, the
individuals and/or entities who would consider buying your practice
for one of many reasons.
3. Identify your objectives - what you expect from the deal.
4. Negotiate with the most probable buyers to maximize value.

(This is fairly long article that provides a good overview of the
issues involved in selling a medical practice.)

Legal guide for acquiring a medical practice

Buying a medical practice can be the most stressful transaction that a
physician ever undertakes. The dollars and obligations are big and the
pitfalls are many. Here is a practical legal guide for those about to
embark on the journey. It is written from the perspective of the

The Journal of Medical Practice Management Buyer's Guide
Advertisers Directory
The Search for < practice brokers > Has Returned 2 Result(s)
 -- PriMed Consulting
 -- ProMed Financial

GlobalBX? is a free business for sale listing exchange that provides a
confidential forum to facilitate the buying and selling of businesses
with thousands of businesses and franchises for sale as well as
comprehensive business information for business buyers and business

Health and Medical   >>   Medical Practices Businesses For Sale
Your search returned 143 listings.

Articles about Buying or Selling a Medical Related Business

(This site offers a very large collection of articles that might be of
interest to you.)

Home > Broker > Practice Specialist

Valuation of medical practices

Many unique factors affect a medical practice?s value, which tends to
be based on both tangible and intangible assets (such as goodwill).
This article looks at the impact of goodwill and other factors, such
as the nature of the client base, area demographics and the
competition level, on a practice?s value.

Medical Practice Valuations

Professional practices are different from other business types and
therefore present unique challenges to the appraiser. A profession is
a vocation or occupation requiring special, usually advanced,
education, knowledge and skill. The labor and skill involved in a
profession is predominantly mental or intellectual, rather than
physical or manual. The value of a professional practice is generally
the sum of the physical assets and the intangible assets, of which the
latter typically comprise the greatest contribution to the practice.

Professional practices are more complex to value than ordinary
businesses for three reasons. First, since much?in some cases
virtually all?of the value derives from the talents, knowledge and
reputation of the practitioner, the very concept of value varies
according to the purpose of the appraisal.

Second, many factors influence the value of a professional practice.
Some of the value drivers include: location and demographics; client
persistence; degree of dependency on referrals and basis for said
referrals; facilities and technology; work habits of the practitioner;
and supply of and demand for acquirable practices.

Finally, particular problems are posed by the fact that most
professional practices use cash-basis accounting and are more
constrained to a limited life than are most businesses. Professional
practices are more dependent on one or a few individuals than is
usually the case for most businesses and, as a result, the
contribution of these individuals to the practice is an important
factor in the valuation.

Practice Valuation & Purchase

(This is a presentation about valuing and selling an optometrist
practice but the general principles outlined here are useful for any
medical practice.)


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