What Dermatologists Need to Know Before Selling Their Practice to a Private Equity Acquirer
The private equity acquisition market has been heating up in recent years, and private dermatology practices whose physician-owners are in the market to sell stand to gain from the industry’s interest. Part of the private equity market’s rush to acquire dermatology practices stems from a historically large surplus of cash– $2 trillion as of the end […]
Making Use of Cash Flow Projections
When you manage your medical practice’s cash flow effectively, you can better prepare your practice for both strong and weak economic times. The key to managing cash flow is the cash flow projection — a forecast of your practice’s cash receipts and expenditures. A cash flow forecast shows the anticipated flow of money entering and […]
Controlling Overhead Costs
If it’s been some time since you took a good look at your medical or dental practice’s overhead costs, you may be missing out on opportunities to boost profitability. Here are some key areas to scrutinize: Staffing Your biggest expense is probably the cost of staffing your medical or dental practice. There are several ways […]
Critical Financial Metrics for Medical Practices
Keeping a close eye on the financial health of your medical practice is essential, but it also can be time consuming. Instead of sifting through reams of data, it can be useful to identify metrics that will alert you to important issues early on. Here are some key financial metrics to consider emphasizing in your […]
Ophthalmology Practice Valuation Strategies
A practice valuation exercise can enhance the overall optimization of your ophthalmology 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. […]
Dermatology Industry Trading Multiples and Recent Buyers
In the first part of our look at merger and acquisition activity in the dermatology industry, we examined dermatology practice valuation strategies and the buying/selling process. In the second part, we look at the trading multiples that dermatology practice sellers could expect to see in today’s market, and a few of the recent larger transactions […]
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. […]
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 […]