Valuing your Practice - Buying, Selling or Transitioning Your Practice

Overview:
Considering retirement? Selling or Wanting to Buy a Practice? Making this transition requires planning and sufficient time to accomplish this effectively for your patients, staff and family. It more difficult for physicians to sell, transition, start, or purchase a practice. Learn creative strategies to help you accomplish your goals. This webinar will discuss the options, including: bringing in an associate, recruiting, selling the practice, or closing the practice. Included is the latest information on valuation methodology for selling, divorce or estate planning.

Why should you Attend:

Learn creative strategies to help you accomplish your goals. This webinar will discuss the options, including: bringing in an associate, recruiting, selling the practice, or closing the practice. Included is the latest information on valuation methodology for selling, divorce or estate planning.

Areas Covered in the Session:

• Goodwill or Intangible Asset Value-Is there still value?
• Why it is important to sell the practice before discontinuing surgery or slowing down
• Methods to appraise and value the practice
• Equipment valuation techniques
• Valuing accounts receivable, equipment, leasehold improvement and supplies
• Legal and ethical duties to patients when retiring
• Buy-ins or Sale of Practice- What you need to know regarding methods to appraise the practice
• When to use a practice broker or sell the practice yourself

Who Will Benefit:

• Physicians
• Managers
• Administrators
• COO
• CEO

Instructor:

Debra Phairas is President of Practice & Liability Consultants, LLC a nationally recognized firm specializing in practice management and malpractice prevention. Her background includes medical clinic administration and loss prevention management for NORCAL Mutual, a physician malpractice insurance carrier in Northern California. Her BS is from Michigan State University and her graduate work at Golden Gate University San Francisco MBA Health Services Administration program.

Her consulting experience includes over 1,800 practices of all sizes and specialties. Typical engagements include: practice start-ups, practice assessments, mergers, financial analysis, revenue enhancement, overhead reduction, personnel management, over 400 practice valuations, expert witness, partnership issues and recruitment support for hospitals and physician groups. She has presented seminars and lectures nationwide for state and local medical/dental associations, management organizations and specialty societies.

Others Details

For more details and updates please visit webinar website