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For the most part, there is nothing that separates physicians from attorneys or accountants – or most any owner of a professional service business – in the reasons they want to sell their businesses. The most common reasons include
On the flip side, there is nothing that separates physician groups, hospitals, practice management companies and integrated delivery systems in the reasons they want to purchase medical practices. The most common reasons include:
Whatever the reasons, both exempt and taxable entities find themselves in need of independent appraisals. Unless completed, neither the buyer nor the seller knows they have purchased or sold at the current fair market price. An appraisal cannot be reduced to a simple formula or a mathematical calculation. It is an informed judgment based on factual knowledge, common sense and reasonable interpretation of the particular circumstance, in which experience and integrity play a significant role. Depending on your particular appraisal needs, our physician consultants can provide two (2) levels of appraisals. These two (2) levels are:
Whichever level you choose, you are ensured that you are obtaining an expert, objective appraisal that meet all current regulatory and IRS guidelines. Also, we offer additional assistance in the following areas:
If your organization is interested in our Practice Appraisal Services, you can reach us by telephone, fax or e-mail. Tell us about your practice appraisal concerns and we will give you an idea of how we can help. Please direct inquiries to Kam McQuay at (317) 633-4708, Ext. 311 or e-mail at kmcquay@hcs-healthcare.com.
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