To Ask - Buying A Medical Practice Questions
Compare internal software reports against at least three years of tax returns and profit/loss statements.
Ask how long they will stay on to introduce you to patients and staff.
Request to "shadow" the seller for several hours to observe patient interactions and operational efficiency. buying a medical practice questions to ask
Ask if equipment is under warranty and if EMR/billing systems are outdated.
Request a 10-year malpractice history and details on any current litigation. Compare internal software reports against at least three
Buying a medical practice requires a rigorous due diligence process to protect your investment and ensure long-term clinical and financial success. 🏥 Strategic & Relationship Questions
Confirm if the price was based on a multiple of EBITDA, book value, or a professional appraisal. Ask if equipment is under warranty and if
Determine if it is for retirement, burnout, or a hidden issue with the local market or regulations.