What every physician should know before buying into a medical practice

KevinMD March 20, 2025
Dennis Hursh, Esq

If you have been offered the opportunity to buy into a medical practice, congratulations! For most physicians, this will be a tremendous opportunity. Being offered an ownership interest indicates that the current owners recognize your worth and are inviting you to “join the club.” It is hard to imagine a greater validation from your peers.

At the same time, physicians do need to protect themselves from a bad deal. In my 40 years of practice, the vast majority of opportunities to buy into a private practice have proven to be excellent deals. However, I have seen outliers where the “opportunity” would have been a lousy deal for the physician.

One important issue that physicians or their legal counsel should review...

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