Articles Written By Our Practice Brokers

From the very beginning David Lopez was extremely professional, honest, transparent, and clear about the entire process [of selling our medical practice]. He was always available for any questions we had and was very prompt to answer them. We are very satisfied with the results and without any doubt would use the service again. We will definitely recommend the service to all of our colleagues.

Join Transition Consultnants at the Orange County Medical Association for a seminar on practice sales, tax, and real estate planning. 

SPEAKERS:
Greg Lewis, Ells CPAs & Business Advisors
Marshal Vogt, Lee & Associates
Stacey Hall, Lee & Associates
Chris Majdi, Transition Consultants
Brian Nakamura, Farmers & Merchants Bank

Kickback and self-referral violations increasingly are being pursued by the Office of Inspector General.  These are increasingly wide-reaching to cover a number of service providers, vendors, and business relationships.  In Q4 of 2013 it was reported that Henry Schein, Inc paid over $1.1 million for an alleged violation entailing remuneration to customers who were part of the Henry Schein Medical Privleges Program.  This was an alleged violation of the Civil Monetary Penalties Law provisions applicable to physician self-referrals and kickbacks. The points redeemable for products and services were allegedly not qualified as "discounts" or "rebates" under the anti-kickback statute.

Christopher Majdi, medical practice broker and appraiser with Transition Consultants was recently quoted in an article from Medical Economics regarding buying a medical practice.

Is it the right time for you to buy another practice?
Donna Marbury
Publish Date: SEP 25,2013
Published on Medical Economics (http://medicaleconomics.modernmedicine.com)

With all of the changes facing healthcare, including the increased bureaucracy and frustration, buying a medical practice may seem like more trouble than it's worth. However, many experts agree that now is a good time to consider buying.

"I spend a lot of time dispelling the myth that there is no value in buying a medical practice," says Chris Majdi, medical practice broker at Transition Consultants in Los Alamitos, California. "Some physicians are good at running a practice, and might consider buying another."

Join us at the Scientific Assembly of the American Academy of Family Practice on September 24-28, 2013 in San Diego, CA.  The annual meeting of the AAFP, Assembly is the family medicine event of the year featuring relevant CME, valuable connections, and fun celebrations. Assembly is the family medicine event of the year. Renew your passion for patient care with solutions-focused CME. Connect with 4,000-plus of your family physician colleagues. Remember why you became a family physician – and become a better one.

To setup a private appointment with one of our medical practice brokers or appraisers, please call in advance:  800-416-2055.