Valuing your medical practice: Key approaches and considerations for ownership transitions

Medical Economics September 18, 2024
Anthony Venette

Whether you’re considering selling your practice, bringing in a partner, or preparing for retirement, having a clear and accurate valuation is essential for making informed decisions about your practice’s future.

One thing I’ve learned over my career is that valuing a medical practice correctly is both art and science. As a practice owner, understanding the true value of your business is crucial, especially when planning for an ownership transition. Whether you’re considering selling your practice, bringing in a partner, or preparing for retirement, having a clear and accurate valuation is essential for making informed decisions about your practice’s future. Otherwise, you may be forced to accept an inferior offer that you’ll regret for years to come.

First I will highlight...

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