How Physicians Can Negotiate to Buy a Medical Practice The opportunity has arrived. Whether you have been in practice for many years or are a freshly graduated resident or fellow, the opportunity to acquire the practice of a retiring physician can be very appealing—and nerve wracking. This is likely one [...]
How to Negotiate to Sell a Medical Practice It is commonplace for a physician or group of physicians to sell their medical practice to a third party. Regrettably, physicians often fail to take the necessary steps to protect their interests and to maximize the benefits of the transaction. Medical practices [...]
How to Negotiate a Lease for a Medical Practice With the exception of the acquisition of certain types of equipment such as MRI machines and investments in facilities such as ambulatory surgical facilities, a physician’s office space will be the biggest financial investment made in connection with the operation of [...]
How Physicians Should Negotiate a Managed Care Agreement Even the largest managed care company is usually willing to negotiate its participating provider agreements to some extent. Amazingly, however, many physician practices sign the first draft that is presented to them. By doing so, they not only “leave money on the [...]
How to Negotiate a Physician Employment Contract Each year physicians lose substantial amounts of money due to poorly negotiated employment contracts. In addition to the significant monetary loss, physicians can lose freedom, restrict their professional choices, and impair their careers by signing unfair and unduly restrictive employment agreements. This loss [...]