Selling your medical practice is the biggest financial decision of your life, but going into negotiations without an expert is a massive mistake. PGP’s Michael Kroin was recently a guest on Neal Goldstein’s podcast, Goldstein Group Practice, to discuss Key Considerations for Practice Owners Considering Private Equity Investment.
What you will learn:
● Why relying only on your lawyer and accountant leaves money on the table during a practice sale.
● The three non-financial pillars of a successful private equity partnership: control, resources, and track record.
● How multiple bidders in a competitive process force buyers to offer better terms and higher valuations.
● Why younger doctors might benefit from selling now to avoid pouring millions into practice growth.
● The reality of the second bite and why future sales are shifting toward payers and distributors instead of larger funds.
● Why accepting your medical practice as a business arrangement is crucial to maintaining your independence.
You can view the full video interview below:
