No sale of a medical practice is exactly like another. Your sale of your practice will be unique to you. But the sales process itself, though daunting, follows a predictable path.
It starts with valuation — how much is your practice worth? — and proceeds through structuring the sale and negotiating with the buyer to documenting the transaction and signing the sales contract. In this book, attorney Michael Kreager examines each stage in detail. What is the most accurate way to place a value on your practice? Should you pursue a stock or an asset sale? How do you handle third-party contracts, like leases? Where are the caveats in the myriad contract details? Mr. Kreager brings to this book years of experience in medical practice sales contracts. If you are thinking about selling your practice, read this book first!
Released: Dec. 16, 2016
Expires: Dec. 16, 2019
This course is appropriate for physicians in all specialties, family members of medical professionals, and physicians interested in buying a medical practice.
Upon completion of this enduring material, readers should be able to:
- Break down approaches to valuating a practice;
- Identify potential buyers for your medical practice;
- Outline the structure and documentation of a sale; and
- Recognize the appropriate legal forms, agreements, and checklists required in a sale.
The participant is required to read the course in its entirety and complete a post-test and course evaluation to obtain credit.
No refunds will be processed for this product.