Physicians Practice March 26, 2025
Nick Hernandez, Keith A. Reynolds

Understanding the legal structures of medical practice acquisitions—asset purchase, stock purchase, or merger—is essential for practice administrators navigating today’s complex, high-stakes transaction landscape.

Medical practice acquisitions represent a challenging and risky strategic decision. In its most simplest form, there are three main legal structures for acquiring a medical practice: asset purchase, stock purchase, or merger. All three of these structures are essentially different types of acquisitions. A merger is a type of acquisition that has a particular legal meaning.

The decision to buy, sell, or merge a medical practice is more complicated than ever, and physician owners must have a clear understanding of the legal structure of the potential transaction. Here are some of the advantages, disadvantages, and considerations for...

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Topics: Mergers & Acquisitions / JV, Physician, Provider, Trends
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