Buying A Medical Practice Questions To Ask 〈Quick ✔〉
Before reviewing financial statements, understand the seller’s motivations and their future role in the business.
Ask how long they will stay on to introduce you to patients and staff. buying a medical practice questions to ask
Analyze current physician compensation models to see if they are sustainable or need post-sale adjustments. ⚙️ Operational & HR Questions Before reviewing financial statements
Verify if staff will likely remain and what legal obligations you inherit. buying a medical practice questions to ask
Determine if it is for retirement, burnout, or a hidden issue with the local market or regulations.
Define this as unique patients seen within the last 18–24 months, not just names in a database. ⚖️ Legal & Compliance Questions
Request a 10-year malpractice history and details on any current litigation.