Private medical practices are a hot commodity right now as private equity firms narrow their focus on merger and acquisition (M&A) opportunities. With medical services continuing to shift from hospital environments to outpatient facilities, health care investors are looking for practices that can expand their current network and capabilities. In fact, 60% of health care investors surveyed by KPMG said they expect M&A activity to increase this year, with behavioral health, cardiology, and orthopedic practices at the top of the list, Medical Economics reports.
If you are a physician who owns and operates a private practice, there is a good chance you have already received interest from a private equity firm. The current uptick in health care M&A activity offers physicians on the brink of retirement a strategic — and lucrative — option as they transition to their next phase of life. But the idea of entering into a merger or acquisition can feel overwhelming, especially if your primary goal is to step away from work versus creating more responsibilities for yourself.
Preparing a practice for a potential M&A deal doesn’t have to be a major burden on the physician or staff. Essentially, all that’s needed is access to accurate, compelling data that enables investors to quickly realize the true value of the practice. Read more.
