The prevalence of mergers and acquisitions has become a major trend in the dermatology specialty in recent years. Frequently, these deals have taken the form of smaller dermatology practices being merged into larger groups or “platform practices”—those that bring on an investment partner and acquire a host of smaller practices in a geographic region, Dermatology Times reports. Many dermatologists are debating whether they should participate in this trend while others are being actively recruited by financial firms.
The article examines four factors that a dermatologist should implement when considering a sale or merger. Top of the list is pareparing a practice financially. Read more.