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How to buy and sell a group practice.

C D Groth

    College Review (Denver, Colo.)
    |January 4, 1989
    PubMed
    Summary

    This guide offers practical advice for medical practice administrators on mergers, acquisitions, and divestitures. It provides strategic planning tools and competitive growth strategies for healthcare groups.

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    Area of Science:

    • Healthcare Administration
    • Business Strategy
    • Medical Practice Management

    Background:

    • Mergers, acquisitions, and divestitures are increasingly common in healthcare.
    • Group practice administrators face complex decisions regarding practice sales and growth.

    Purpose of the Study:

    • To provide guidelines for administrators considering mergers or sales.
    • To offer tools for the buying and selling of medical practices.
    • To suggest strategies for long-term growth and acquisition programs.

    Main Methods:

    • Review of mergers, acquisitions, and divestitures in the healthcare sector.
    • Discussion of strategic planning principles.
    • Provision of practical working tools for transactions.

    Main Results:

    • Strategic planning is crucial for successful practice transactions.
    • Specific tools are available to aid in buying and selling medical practices.
    • Competitive strategies can enhance long-term growth for healthcare groups.

    Conclusions:

    • Administrators can navigate practice sales and mergers effectively with proper planning and tools.
    • Proactive strategies are essential for healthcare groups to compete and grow.
    • Understanding M&A processes is key to optimizing practice value and future success.

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