Ophthalmology Industry Trading Multiples and Recent Buyers
In the first part of our look at merger and acquisition activity in the ophthalmology industry, we examined ophthalmology practice valuation strategies and the buying/selling process. In the second part, we look at the trading multiples that ophthalmology practice sellers could expect to see in today’s market, and a few of the recent larger transactions […]
Dermatology Practice Valuation Strategies
A practice valuation exercise can enhance the overall optimization of your dermatology practice, as well as allow you to comfortably entertain potential acquisition offers. In addition to obtaining an idea of what your practice is worth, the economic climate, competitive landscape, and private-equity infusion of funds should also influence the path you decide to take. […]
Medical Practice Performance: How healthy is your medical practice?
Medical Practice Performance Taking time to evaluate your medical practice performance may seem unnecessary when your waiting room is full of patients and your staff is busy every minute. However, external signs may not be true indicators of how well your practice is doing. How can you judge medical practice performance? In the corporate world, […]
Should You Offer Ancillary Services?
A number of medical practices around the country are offering ancillary services to their patients to help differentiate themselves from other practices, enhance patient services, and increase revenues. If your practice is considering offering ancillary services, such as ultrasound, physical therapy, imaging, or some other option, you’ll want to carefully think through the ramifications, costs, […]
Dental Practice Valuation Strategies
A dental practice valuation exercise can enhance the overall optimization of your dental practice, as well as allow you to comfortably entertain potential acquisition offers. In addition to obtaining an idea of what your practice is worth, the economic climate, competitive landscape, and private-equity infusion of funds should also influence the path you decide to […]
Urology Practice Valuation Strategies
A medical practice valuation exercise can enhance the overall optimization of your urology practice, as well as allow you to comfortably entertain potential acquisition offers. In addition to obtaining an idea of what your practice is worth, the economic climate, competitive landscape, and private-equity infusion of funds should also influence the path you decide to […]
Finding your medical practice’s optimal staffing level
If your practice has too few staff members, patient care may suffer and collections may slow down. If you have too many, you’ll face rising operational costs. Is there an optimal level that will allow you to operate your practice efficiently without letting your costs get out of control and creating dissatisfaction among patients? Start […]
The role of technology in value-based care
In recent years, the healthcare industry has trended to value-based care, an approach that aims to deliver higher quality care more efficiently and with better patient outcomes. This has a meaningful impact on the way patients receive care as well as how providers are paid, leading many providers to evaluate how they operate. Technology, in […]
Expanding by buying another practice: What you should know
For some time, you have thought about expanding your private medical practice. However, you haven’t taken things much further because the right opportunity hasn’t appeared. Now, a nearby practice has been put on the market and it looks like it would fit in perfectly with your plans for expansion. Before you make an offer, though, […]