Buying A Medical Practice Questions To Ask Today

High turnover can signal cultural or management problems that may follow the sale.

Explore intangible assets like brand reputation, referral networks, and patient loyalty. Financial & Asset Questions buying a medical practice questions to ask

Evaluate the practice's historical performance and what is actually included in the purchase price. High turnover can signal cultural or management problems

Compare internal software reports against at least three years of tax returns and profit/loss statements. buying a medical practice questions to ask

Ask if equipment is under warranty and if EMR/billing systems are outdated.

A medical practice is only as strong as its staff and underlying systems.

💡 : Ensure any agreement includes an escrow account or holdback to cover potential post-sale "redos" or liability claims that surface after closing.