Blog Articles

Acquisition criteria when buying a medical or optometry practice

We frequently receive search requests from buyers seeking to acquire medical or optometry practices nationwide. Many buyers have a general idea of their acquisition criteria but may not have considered how these factors affect one another. Here are criteria which prospective buyers should consider when looking for a practice to buy:

American College of Cardiology - Cardiology's Workforce Crisis

The shortage of healthcare providers in the United States is no new phenomenon. Among the resources in shortage are cardiovascular secialists. According to the American College of Cardiology, the number of "first-year training positions and total adult cardiology trainees is still below 1994 levels."

HIPAA also covers Business Associates of Covered Entities

The Healthcare Group published a piece in its 2009 Winter-Fall forecast regarding new items pertaining to the Health Information Technology for Economic and Clinical Health Act (HITECH) which reflect changes to HIPAA regulations.

The Best State to Practice Medicine

Physician's Practice came out with its list of the best places to practice medicine in the November 2009 issue, based on the following criteria:

SBA Loans for Electronic Health Records systems

Senator John Kerry has proposed a bill that would allow physicians to obtain SBA loans for the acquisition of electronic health record systems and other computer technology to modernize their practice. This is a welcome relief to physicians who are worried about the high costs involved in acquiring, implementing, and maintaining such systems.

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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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