Blog Articles

Pediatric Practice Sales

Transition Consultants has a strong focus in Pediatrics.  Our team has assisted pediatric practices in purchase/sale, merger, hosptial integration, management succession, and valuation projects nationwide.  We understand the specific environment for this specialty and how to position our clients to prosper.  Future healthcare delivery models will place a greater emphasis on pediatrics, and primary care in general.  Our objective is to align pediatricians with the strategies to embrace health reform and build stronger practices. 

Just Sold Three Practices in Multiple States

Three Practices in Multiple States

We completed the sale of several medical and healthcare practices this week: One was a pediatric practice in Louisiana collecting $830,000 annually with a high net income of $460,000. This practice emphasized a persnal, patient-

Selling a Dermatology Practice In Today's Market

Baby boomer physicians are continuing to age in great number, necessitating the sale of their practices. The Great Economic Crisis negatively impacted a large segment of selling physicians who were counting on maximizing the value of their practices for retirement purposes. The Crisis drove many of these doctors to hold-off on selling their clinics out of fear, or out of necessity to re-build battered retirement reserves. The financial and consumers markets, while not fully healthy, have recovered to a sufficient level to drive sellers back into the market to divest their clinics.  Factors related to dermatology reimbursements also have a bearing on the decision for many buyers and sellers.

Patient Referral Website Marketing Anti-Kickback

The Office of Inspector General (OIG) posted an advisory opinion regarding an online coordination service for health care professionals. The Requestor, a company which provides web-based services to physicians, designed this service to facilitate the exchange of information between health care professionals. The Requestor informed that this coordination service is only available to its clients (e.g. physicians) who purchase the EHR service as well. However, any health care professional (providers, suppliers, etc.) may be included in the network free of charge. Clients who utilize both the coordination and EHR services would receive a small monthly discount.

Physician Allergy Lab Management Anti-Kickback

The Office of the Inspector General (OIG) recently released an advisory opinion (No. 11-17) regarding a laboratory services management company (the "Requestor") proposing to contract with physicians. Under the Proposed Arrangement, the Requestor would provide allergy testing and immunotherapy lab services to primary care physicians on an as-needed basis. The Requestor would be responsible for personnel, equipment, marketing and other factors pertaining to these services. Furthermore, the Requestor would review the physicians' patient files to identify those suitable for its services.

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Most doctors looking to buy or sell their practice can’t find the time to figure out the complicated steps involved. At Transition Consultants, we’ve created a process that makes the transition painless so they can move into their next season and start living life on their own terms.

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