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Transitioning Your Practice Retiring, Selling, or Buying a Practice

Event Details

Transitioning Your Practice Retiring, Selling, or Buying a Practice

Time: February 7, 2018 from 1pm to 2pm
Location: 26468 E Walker Dr, Aurora, Colorado 80016-6104
Street: 26468 E Walker Dr, Aurora, Colorado 80016-6104
City/Town: Colorado City
Website or Map: https://goo.gl/F7oDf3
Phone: 7209961616
Event Type: online, webinar
Organized By: Training Doyens
Latest Activity: Jan 11

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Event Description

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 is more difficult for physicians to sell, transitioning, start, or purchase a practice.

WHY SHOULD YOU ATTEND

Learn creative strategies to help you accomplish your goals. This healthcare compliance 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

  • Goodwill or Intangible Asset Value— Is there still value?
  • Why it is important to sell the practice before discontinuing surgery or slowing down
  • 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
  • Why associates need to negotiate the buy-in formula before accepting an employment offer
  • Merging - equalizing assets
  • Why buy a practice versus start one from scratch?
  • Structuring the relationship between junior and senior partner 
  • Hospital support – salary and overhead guarantees
  • Medical records retention/ownership – what your attorney/broker  may not realize
  • How to prepare for a new physician taking over the practice

LEARNING OBJECTIVES

  • Requirements for disposal of controlled substances
  • Methods to appraise and value the practice
  • Equipment valuation techniques

WHO WILL BENEFIT

Physicians, Managers and Hospital Administrators

For more detail please click on this below link:

https://goo.gl/F7oDf3

 

Email: support@trainingdoyens.com

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882

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