“What are my options for selling my medical practice?”
That’s just one of the questions you have when considering what to do to reach the financial and personal goals you have for your practice.
Before you take the first step, take time to get the answers to your questions — Contact us to schedule your free consultation.
What are my options for selling my medical practice?
Generally speaking, there are two options when selling a practice. In either case, you also have options to remain active in the practice, transition out, or step away completely.
Option 1: 100% Buy-out of your company by a strategic partner or investor
Potential for ancillary transaction considerations.
Five-year employment contracts for key management.
Typical 3-5 year non-compete agreements for key management.
Option 2: “Equity Recapitalization” - A majority purchase of your company by an investor
Partnership with a Private Equity or Investor, focusing on growth.
The Investor will purchase approximately 80% equity of your practice. Majority shares range from 70 to 90%.
The practice leverages the investor's financial and operational expertise to undertake rapid top-line expansion campaign.
There will be a 2nd “cash-out” known as the second bite of the apple within 36-48 months.
If I'm not ready to sell yet, what should I do to prepare?
Increase your marketing activities resulting in an increased patient base.
Investigate new vertical and horizontal opportunities.
Implement initiatives to streamline operations, reduce costs, and financial transparency to increase your Enterprise Value.
Who does H&N represent?
H&N represents investors seeking successful medical practices throughout the United States. Potential investors range from Strategic Buyers, Venture Capital and Private Equity firms.
What can H&N Consulting services do for my medical practice?
Our services include working with your medical practice to develop and implement a strategic growth plan, achieve operational efficiencies, and provide staff development, as well as making connections and negotiating the details to bring on an investor or sell your practice.
Is interim management available?
Our network of consultants are seasoned healthcare executives. They provide Interim Executive Leadership while increasing your Enterprise Value.
What do I need to know about the merger and acquisitions when it comes to my medical practice?
Timing is critical in the ever-evolving healthcare market. Successful medical practice owners take advantage of market trends. Currently our clients are paying high multiples.
We will be happy to have a conversation and provide market and specialty insight.