Buying A Medical Practice Questions To Ask (2024)

Ask for the percentage of revenue from commercial insurance, Medicare, Medicaid, and self-pay.

💡 : Ensure any agreement includes an escrow account or holdback to cover potential post-sale "redos" or liability claims that surface after closing. buying a medical practice questions to ask

Negotiate non-compete and non-solicitation agreements to prevent the seller from opening a nearby rival practice. Ask for the percentage of revenue from commercial

Ask if they have ever had a third-party HIPAA audit and if business associate agreements (BAAs) are up to date. buying a medical practice questions to ask

Buying a medical practice requires a rigorous due diligence process to protect your investment and ensure long-term clinical and financial success. 🏥 Strategic & Relationship Questions