As a physician in primary care or specialty care, there may come a time when you decide to go into business for yourself. One option is to open your own private practice so you can tend to patients in any way that you see fit.
Another option is to partner with other like-minded physicians and open a brand new group practice.
But for the physician that isn’t prepared to handle the complexities of starting a brand new medical practice, there is another option:
Buying into a practice that already exists.
Considering buying into an existing medical group?
From determining the valuation of a practice to understanding the compensation model, here’s what you need to know before buying in as a new partner in a private practice.
